1 year ago
FTX CEO John Ray III is investigating the anticipation of relaunching the now-defunct cryptocurrency exchange, The Wall Street Journal reported Jan. 19.
The CEO told the Journal that helium had created a task unit to analyse relaunching FTX.com, the company’s superior planetary exchange. He said:
“Everything is connected the table. If determination is simply a way guardant connected that, past we volition not lone research that, we’ll bash it.”
While FTX officials person been accused of transgression activity, respective clients person praised the company’s technology, suggesting that it mightiness warrant a reboot, according to Ray.
On Nov. 11, 2022, FTX filed for bankruptcy, starring to a important downturn successful the crypto market. Investors, customers, and lenders each suffered losses exceeding $10 billion owed to the collapse.
However, FTX announced connected Jan. 11 that it had recovered implicit $5 billion worthy of funds comprised of cash, investments, and liquid cryptocurrencies.
Following the caller update, FTT, the autochthonal token of FTX, grew by 37% wrong a fewer hours.
The station FTX CEO John Ray creates taskforce to research restarting exchange appeared archetypal connected CryptoSlate.
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