The new CEO of FTX charged $690,000 for 2 months of work untangling the failed crypto exchange's chaotic finances
Nathan Howard / Stringer
- FTX's new CEO John J. Ray III charged the crypto exchange $690,000 last year.
- Ray is a long-time Wall Street restructuring exec who oversaw Enron's bankruptcy process.
- Ray said in a congressional testimony that FTX was running an "old-fashioned embezzlement."
FTX's new CEO John J. Ray III charged the failed crypto exchange $690,000 for just under two months of work steering the collapsed exchange through bankruptcy, he told a Delaware judge on Monday.
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