Ray iii, who led ftxβs restructuring and efforts to return billions of dollars to customers after it imploded in 2022, stands to collect bonuses totaling $41 million. Ray iii (born january 1959) [1] is an american attorney and ceo who specializes in recovering funds from failed corporations Ftx files for chapter 11 bankruptcy protection.
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The founder and former ceo of the massive cryptocurrency exchange ftx was sentenced to 25 years in prison thursday after being convicted of fraud for stealing at least $10 billion from customers and investors.
The disgraced ftx founder was sentenced thursday following his fraud conviction.