FTX Cryptocurrency Exchange Platform May See a Comeback Following Bankruptcy Filing

FTX Cryptocurrency Exchange Platform May See a Comeback Following Bankruptcy Filing

According to John Ray, the CEO appointed to handle the liquidation, some FTX executives, customers, and investors are praising FTX technology despite the criminal charges filed against founder and former CEO, Bankman-Fried. This suggests that there could be value in rebooting FTX. Ray, who is known for having piloted the liquidation of the bankrupt energy trader Enron, stated, “Everything is on the table. If there is a path forward on that, then we will not only explore that, we’ll do it.”