Topline
In an interview with Wall Street Journal, FTX CEO John J. Ray III, the veteran bankruptcy attorney leading the embattled crypto firm through its restructuring, said he would explore whether restarting the exchange could be a viable alternative to simply selling off its assets, suggesting the company that suddenly collapsed late last year and lost billions of dollars of customer funds could make an unlikely return.
Key Facts
“Everything is on the table,” Ray said in the interview published Thursday, noting the company set up a task force to explore bringing back FTX’s international exchange after some FTX stakeholders “identified what they see is a viable business.”
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