FTX's new CEO: In the short term, FTX will continue to pay salaries as usual and is sequentially laying off employees

ChainCatcher news, according to The Block, FTX's new CEO John Jay Ray III called on employees to unite during a recent conference call following FTX's bankruptcy protection filing last week. According to attendees, John Jay Ray stated that salaries are expected to be paid as usual, but "there may be issues."

Additionally, FTX sent out forms for employees to fill out and explain their roles to determine potential layoffs. FTX US's General Counsel Ryne Miller will continue to oversee the bankruptcy transition at FTX and will be responsible for external communications. (The Block)