{"id":83399,"date":"2022-12-15T02:59:42","date_gmt":"2022-12-15T07:59:42","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=83399"},"modified":"2022-12-15T03:00:03","modified_gmt":"2022-12-15T08:00:03","slug":"new-ftx-ceo-is-getting-paid-1300-an-hour-and-customers-will-foot-the-bill","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2022\/new-ftx-ceo-is-getting-paid-1300-an-hour-and-customers-will-foot-the-bill.html","title":{"rendered":"New FTX CEO is getting paid $1,300 an hour, and customers will foot the bill"},"content":{"rendered":"\n<p>(CNBC) FTX CEO John J. Ray is leaning on a team that he\u2019s grown to know over years of bankruptcy restructurings, and the company is paying them millions for the work that they\u2019re doing to unpack FTX\u2019s tangled morass of accounts and shoddy records. Ray and his top team are not like typical employees who work directly for the company. Instead, like bankers and lawyers who are working on the bankruptcy proceedings, the new leadership team is professional independent contractors. <\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/12\/14\/ftxs-new-ceo-john-j-ray-making-1300-an-hour.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) FTX CEO John J. Ray is leaning on a team that he\u2019s grown to know over years of bankruptcy restructurings, and the company is paying them millions for the work that they\u2019re doing to unpack FTX\u2019s tangled morass of [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-83399","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83399","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=83399"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83399\/revisions"}],"predecessor-version":[{"id":83400,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83399\/revisions\/83400"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=83399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=83399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=83399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}