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FTX paid $12M retainer to a New York law firm before bankruptcy filing

Sullivan & Cromwell LLP (S&C), a law firm headquartered in New York City, received $12 million from West Realm Shires Services Inc. on behalf of FTX for legal services.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

FTX paid $12M retainer to a New York law firm before bankruptcy filing

Sullivan & Cromwell LLP (S&C), a law firm headquartered in New York City, received $12 million from West Realm Shires Services Inc. on behalf of FTX for legal services.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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