FTX Repayment

High salary is not the issue; the issue is how high it is. According to public documents, the hourly rate for S&C partners can be as high as $2,000, while John Ray himself charges $1,300 per hour. According to data disclosed by Bloomberg, as of early 2025, the total legal service fees claimed by S&C in the FTX Chapter 11 bankruptcy proceedings have reached $249 million. $FTT