FTX has been given the green light to resume paying salaries to its remaining employees and contractors, but Sam Bankman-Fried and his associates won't be getting any.
Ray acknowledged the financial hardship imposed on FTX employees and foreign contractors with the payment delay and thanked them for their support.
“We recognize the hardship imposed by the temporary interruption in these payments and thank all of our valuable employees and partners for their support." The relief will include cash payments owed to workers at FTX Trading and 101 other affiliated companies since the Nov. 11 bankruptcy filing, in addition to the many vendors and service providers who still need to be paid out by FTX.In The Bahamas, where the crypto exchange is headquartered, only employees and contractors of the FTX Debtors will receive relief, but not those who worked for FTX Digital Markets, which is subject to a separate liquidation proceeding in The Bahamas.
It also won't apply to Australia-based employees and contractors for FTX Australia and its subsidiary FTX Express, which are also
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