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Crypto exchange FTX resumes paying employees and contractors who were unpaid since its bankruptcy filing


Crypto exchange FTX has announced that it will resume paying salaries and benefits to its employees as well as payments to contractors. The announcement was made by the new FTX CEO John Ray III on November 28 as the insolvency professional started working in helping the bankrupt firm navigate through the U.S. Bankruptcy Court in Delaware, according to Cointelegraph. FTX Trading Ltd. (d.b.a. FTX.com), and approximately 101 additional affiliated companies (together, the FTX Debtors), today announced that most FTX subsidiaries around the world are resuming ordinary course payment of salary…

source: https://tokenpost.com/Crypto-exchange-FTX-resumes-paying-employees-and-contractors-who-were-unpaid-since-its-bankruptcy-filing-9832

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November 29, 2022   Editor
Editor November 29, 2022 3:25 am
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