Collapsed crypto exchange FTX to resume salary payments

The relief includes cash payments with respect to both pre-petition and post-petition periods, subject to limits established by the orders of the Bankruptcy Court.

"With the Court's approval of our First Day motions and the work being done on global cash management, I am pleased that the FTX group is resuming ordinary course cash payments of salaries and benefits to our remaining employees around the world," Chief Executive John Ray said in a statement.FTX was run as a "personal fiefdom" of former CEO Sam Bankman-Fried and detailed on going challenges such as hacks and substantial missing assets.for U.S.

The collapse has fanned fears about the future of the crypto industry and several crypto firms have since been bracing for a fallout.Chapter 11 bankruptcy protection, after the crypto lender was hurt by exposure to FTX.

Did the Democrats give the money back

How? don’t they have zero funds? Did they cash out all customers first?

it seems like the hackers have returned part of the stolen money. Please you guys should make us understand 🤔🤔🤔

Wtf is this ?

doing better than twitter, who is failing to pay its employees on time

Gotta keep funneling money out somehow

How?

Reuters nunca explicará, por qué esa criptomonedas fue a quiebra, cuando el dinero, realmente no ha desaparecido...Fué desviado a otros Intereses..

Lol, 'k.

Lol

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