FTX and its subsidiaries are resuming salary payments and payments to non-U.S. vendors

2022-11-29 08:16:40
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ChainCatcher news, the new CEO of FTX stated in a statement that with the court's approval of FTX's motion and the work on global cash management, FTX Trading and approximately 101 subsidiaries indicated that most of the subsidiaries are resuming salary payments to global employees. Additionally, to maintain business operations, payments will gradually be made to some non-U.S. contractors and service providers, but must comply with the limits approved by the bankruptcy court. (The Block)

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