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Bankrupt crypto exchange FTX’s FTT token has fallen 35 days after the Wall Street Journal reported that the company’s new CEO, John J. Ray III, was weighing the possibility of reopening the exchange. jumped more than %.
FTT rose to $2.50 on Thursday, according to CoinDesk data.
Ray has set up a team to consider reviving FTX.com to serve non-U.S. customers in an effort to get money back to failed exchange creditors and customers, The Wall Street Journal reported. told to According to The Wall Street Journal, he wondered whether relaunching FTX.com would restore more value to the company’s customers than liquidating the company’s assets or selling the platform. evaluate.
FTX has been out of business since filing for bankruptcy in November following one of the biggest cryptocurrency company implosion in history.
FTX founder and former CEO Sam Bankman-Fried is accused of looting billions of dollars in customer funds at FTX to support the high-risk bets of affiliated hedge fund Alameda Research. indicted. He has pleaded not guilty to all eight counts of his indictment in the Southern District of New York.
Bitcoin BTCUSD,
According to CoinDesk data, it fell 0.2% in the last 24 hours to around $20,835 on Thursday.
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