Crypto meltdown boosts bankruptcy lawyers

[{"selector":"#anim-094da8d6-37d1-413b-9016-d6cab2d59d72 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.26961285705604%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] FTX, Three Arrows Capital, and BlockFi were high-profile bankruptcy.

[{"selector":"#anim-5cac0a47-d436-4fc7-a062-85a51f844c37 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(14.080320717379337%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Troubled company law firms are benefiting from Celsius Network and Voyager Digital Ltd.

[{"selector":"#anim-e1c05873-3ca3-4c62-bd63-e183de500071 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(19.981970887203477%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Bitcoin's 65% drop this year has hurt other crypto assets and investors.

[{"selector":"#anim-d17dfab2-c704-4503-bbb8-6dffe1099e3a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-50.73377416082001%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Last month's FTX implosion shook the cryptocurrency industry.

[{"selector":"#anim-1c30bcda-e216-4060-8984-0aa4b220508b [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(4.80288649278916%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Kirkland & Ellis represents BlockFi in its Monday bankruptcy case.

[{"selector":"#anim-38c02c89-a3c2-4f88-ac79-71f9507185eb [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(62.78798577724884%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] leads the bankruptcy cases of Celsius Network and Voyager Digital.

[{"selector":"#anim-2b7ff23d-8796-422e-a2ae-a97f2e73ddc6 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] The bankruptcy estate pays lawyers, and experts said judges rarely reduce professional fees. Learn more