JOURNAL ARTICLE

FTX CEO Who Led 'Model' Bankruptcy Is Up for $41 Million Bonus.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Randles, Jonathan; Church, Steven 3 of 3

Abstract

FTX CEO John J. Ray III, who led the restructuring of FTX after its 2022 collapse, is set to receive a $41 million bonus. The bonus, subject to court approval, is seen as justified by FTX due to Ray's successful resolution of the complex crypto bankruptcy. Ray's work has been praised for achieving a positive outcome for all stakeholders involved, with FTX highlighting his prior experience in handling similar situations. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/03, pN.PAG
  • Document Type:Article
  • Subject Area:Law
  • Publication Date:2025
  • Accession Number:183407916
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