The Block: SBF sold company shares to employees at a 50% discount this spring

ChainCatcher news, citing sources from The Block, reported that FTX CEO Sam Bankman-Fried (SBF) sold a portion of the company's equity to employees at a 50% discount this spring. According to sources, about 20 people from the entire team were laid off in June due to performance reasons. Additionally, institutional sales head Zane Tackett appears to have been fired on November 10. (The Block)