John Ray Says FTX Revival Is On Table: Report

Acting FTX CEO John J. Ray III, who is responsible for ensuring that the bankrupt exchange’s creditors get as much compensation as possible, said the platform may start up again.

  • In an interview with Wall Street Journal, said John J. Third Ray Rebooting the stock exchange is on the table.

Everything is on the table. If there is a way forward, we will not only explore it, but we will.

  • FTX filed for bankruptcy again in November 2022, using Chapter 11.
  • Mr Ray further said he would consider whether restarting the international stock exchange would return more value to the company’s creditors than his team could get by simply liquidating the assets or selling everything.

There are the stakeholders we work with who have identified what they see as a viable business.

The post John Ray says Reviving FTX is on the table: The report appeared first on CryptoPotato.

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