PANews reported on February 27 that according to Cointelegraph, the legal and consulting fees for the FTX bankruptcy case have accumulated to $950 million, making it one of the most expensive bankruptcy cases in U.S. history, second only to the Lehman Brothers case. Among them, the cost of restructuring consultant Alvarez & Marsal was close to $400 million, the cost of legal consultant Sullivan & Cromwell was over $300 million, and the cost of John Ray's consulting company was nearly $10 million. The overall legal and financial advisory fees are still growing, and it is expected that the final cost may exceed $1 billion.