FTX has resumed post-bankruptcy payments to employees worldwide days after they were halted following a chapter 11 bankruptcy filing in the US.

According to a November 28 announcement, the exchange would also resume “ordinary course payments to certain non-U.S. contractors and service providers.” The exchange further clarified that the payments would be made in cash, taking into consideration the pre-petition and post-petition periods and subject to the conditions of the Bankruptcy court.

The announcement added that the reliefs were only applicable to employees outside of FTX Bahamas and FTX Australia. Notably, separate bankruptcy proceedings have been filed in those jurisdictions and are not included in, or protected by, the chapter 11 cases in the United States.

(by Newton Gitonga)