Salary of FTX’s New CEO Sets The Agenda: Cryptocurrency Investors Divided

The salary of Jhon J. Ray, the new CEO of the bankrupt cryptocurrency exchange FTX, divided crypto investors.

of FTX Chapter 11 new CEO in documents filed with bankruptcy court By John J. Ray salary is also included. Some investors believe that a bankrupt company pays such a high salary to the CEO. bad minded He made this money by underlining the past experiences of Jhon J. Ray while claiming that he was what you deserve There were also investors who claimed it.

Hourly salary of new CEO John J. Ray $1,300 and some expenses. on the other hand To the Head of Administrative Affairs, Financial Affairs Director and Chief Information Officer per hour $975 payments are included in the document.

Some users on social media are not aware of such high salary payments in a company that is already experiencing a liquidity crisis. claimed that it did not comply with ethical values. Other investors, on the other hand, say that these people are there to collect the ruins of others and deserve their reward for their hard work. argued.

Restructuring consultancy Alvarez & Marsal general manager Edgar Mosley argued that salary payments should continue to protect FTX resources and value. Also to critical contractors 17.5 million dollars He recommended continuing to pay.

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