TechFlow news — FTX stated that it has approximately 300 employees, and others can estimate its revenue based on the weekly purchase and burn of FTT tokens by FTX. Compared to any company in the world, FTX is one of the highest in terms of revenue, profit, and valuation per employee.
In addition, FTX noted that deposit and withdrawal queues are decreasing and returning to more reasonable levels; nodes and banks are catching up.
Earlier, in a recent statement from FTX's official Twitter account regarding withdrawals, FTX said it continues to focus on handling high volumes of deposits and withdrawals, with operations running smoothly and everything functioning normally. Occasional congestion may occur on-chain (such as on the Bitcoin network), requiring some patience, but FTX will continue to process each deposit and withdrawal efficiently and serve users to the best of its ability. FTX once again expressed gratitude for users' trust and support during the period of FUD.
Regarding BTC withdrawals, FTX explained that node throughput is limited, and they are switching to processing from both ends to speed things up. For stablecoin processing, banks are closed over the weekend, so USD/stablecoin creation/redemption may slow down, especially for certain coins/chains, until wire transfers resume tomorrow. Original link
