FTX CEO Sam-Bankman Fried says company won't freeze hiring despite market slump

FTX CEO Sam-Bankman Fried says his company will continue hiring new staff, while a slew of crypto firms take steps to reduce headcount amid turbulent market conditions. "Because we hired carefully, we can keep growing regardless of market conditions," the billionaire entrepreneur wrote in a Twitter post Tuesday. "More will be joining than leaving, though --as always--we'll make sure to add people at a substantial rate," he added in a follow-up post. Keep in mind that the company slowed down hiring when its workforce hit around 250 people in the past year, though that wasn't due to a lack of funds "but because we wanted to make sure we could actually integrate everyone we hired into FTX's working culture," Fried said in a separate tweet. Looking at its biggest U.S. rival, Coinbase Global (COIN) recently extended its hiring pause as the crypto winter take hold. Another popular crypto exchange, Gemini, decided