Jan 19, 2023

FTX’s new CEO says there’s possibility for exchange to restart

Posted by in category: futurism

As FTX news subsided in recent weeks, the new CEO of the crypto exchange shared that he is exploring the possibility of restarting the company, according to a report from The Wall Street Journal.

John Ray III, the new FTX CEO, said in an interview that “everything is on the table,” in regards to reviving the bankrupt company’s international exchange and he has set up a task force to explore that opportunity.

WSJ also reported that Ray is looking into whether reviving the main international exchange would provide greater value to company’s customers and creditors as he and others try to return funds lost.

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