John J. Ray III, who is the new CEO of the now defunct crypto exchange FTX, told a judge in Delaware on Monday that he billed the exchange $690,000 for little under two months’ worth of work guiding the exchange through the bankruptcy process. According to prior FTX news, Ray previously disclosed to the court that he bills $1,300 per hour. FTX’s New CEO Charges $690K: After the infamous founder of FTX, Sam Bankman-Fried, resigned as chief executive officer and filed for chapter 11 bankruptcy protection, Ray has been said to rack up a total of $690,000 in hourly fees. This ranges from the 11th of November to the end ... (full story)