Bankman-Fried sold FTX equity to employees at 50% discount in spring: Sources

2022/11/11 00:24

According to The Block, FTX CEO Sam Bankman-Fried sold equity in the firm at a 50% discount to employees in the spring, a person familiar with the matter said. In June, about 20 people were fired off across the organization due to performance, the person said.

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