FTX trading company Announce the resignation of Sam Bankman fried.

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https://drive.google.com/uc?export=view&id=1Qda8n9jP6Ox7CZwdP0asXfV_e9yQEOvN
FTX crypto trade have being a promising one attracting different investor and stakeholders in the past year given the audience insight of comparing the Chief executive officer, Sam bankman fried to the famous Jeff Bezos builder of Amazon because SBF started the coding from scratch living and sleeping in is office but it all went wrong after getting to it climax stage.
https://drive.google.com/uc?export=view&id=1A21pXz7Je2kJc7L3TQRjZNR2GdrrsqkS

The FTX company and other affiliated company have commence a volunteer proceeding under chapter 11 of the United States Bankruptcy code in order to begin a proper proceeding to review and monetize asset for the benefit of all global investor and stakeholders.

Since the resignation of Sam bankman fried SBF, the necessary arrangements to appoint  another CEO have being made and john j ray is the new appointed CEO of FTX company. Upon being appointed he announce the immediate commencement of work for every employees of FTX group from various country to continue working for the FTX group and assist the new CEO john j ray the operation of chapter 11 proceeding.

John j ray said once thier is immediate relieve of chapter 11 the company will have access to it situation and develop a process to maximize recoveries for stakeholders, The FTX group has valuable asset that can only be effective administered in an organized join process. He said, all hand will be on deck since their is restructure in organization power.
A stakeholders should be expecting more information in the coming days.


Byline: kareem afis olayinka.
Edited by SHODOLAMU OLAWALE QUADRI 
Published by Big Yusuf 
Reference: FTX press release.

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