FTX CEO John Ray Reiterates Sam Bankman-Fried It is no longer involved in the operations of the company.

FTX CEO John Ray emphasized that the company is not dealing with former senior executives, including Sam Bankman-Fried. co-founder with And those former executives are no longer involved in the day-to-day operations of the company.

Talking Between Rays FTX and FTX.US employees provided few details about the bankruptcy proceedings. But restructuring experts tried to calm employees’ concerns, saying “things will ease a little bit”.

“We are more and more in control of the situation,” he added.

Ray, who led Enron’s restructuring during the company’s bankruptcy, also stressed that former CEO Sam Bankman-Fried is not a business owner. And his other members, including former Alameda CEO Caroline Ellison, will no longer be involved in the day-to-day operations of the company. And the company does not communicate with any former executives.

Ray also said that The company will use the payout ceiling. There will be no bonuses for employees. According to a person familiar with the situation, He also asked employees to be careful when using social media and not to answer questions from the media.

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