FTX CEO in Line for $41 Million Bonus After Leading High-Profile Bankruptcy
2025-03-03
Fortune
John J. Ray III, the CEO who oversaw FTX's bankruptcy and restructuring efforts, is set to receive a whopping $41 million bonus. Following the company's implosion in 2022, Ray led the charge to recover billions of dollars for affected customers. His efforts have been deemed a 'model' for bankruptcy proceedings, with experts praising his handling of the complex case. As the cryptocurrency industry continues to evolve, Ray's leadership has been a key factor in FTX's attempts to regain stability. With his bonus on the horizon, all eyes are on the future of the company and its plans for customer reimbursement. Key terms: cryptocurrency, bankruptcy proceedings, customer reimbursement
