FTX CEO John J. Ray lll was paid $1,575 an hour last month for his work in overseeing the exchange's bankruptcy, according to a court document filed on Thursday.

From March 1 to March 31, Ray worked 231 hours and was paid a total of $363,825. Ray's work included weekly phone calls and in-person board meetings to manage bankruptcy restructuring efforts, as well as leading weekly calls and meetings, according to a monthly staffing report.

"Additionally, Mr. Ray has worked to establish and maintain internal controls, address and manage employees and employee concerns, interacted with management in Japan, Europe and other locations throughout the world and managed cash, other assets and investments, data and systems related issues with respect to all Debtors," the filing read. "Mr. Ray also …