complexity
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Binance Termination of Redemption Service and Leveraged Tokens
On April 27th, it was announced that Binance will terminate its redemption service and remove TRXUP, TRXDOWN, DOTUP, DOTDOWN, LINKUP, and LINKDOWN leveraged tokens. The specific ar
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The law firms and special consultants handling the FTX bankruptcy case collected a total of $38 million in January
On March 7, the court records showed that the professionals handling the FTX bankruptcy case charged a total of $38 million in January, of which Sullivan&Cromwell’s fees in January were $16.8 million and Alvarez&Marsal’s fees in January were $12.3 million. Three law firms, including Sullivan&Cromwell, have more than 180 lawyers in charge of the case and more than 50 non-lawyers (such as paralegals). （Coindesk） Interpretation of this information: The message reports on the fees charged by professionals handling the bankruptcy case of FTX in January. The total charges amount to…
