FTX token jumps after new CEO says exchange could restart
In a recent interview, CEO FTX John J. Ray III said that he is still trying to uncover and retrieve FTX assets and has tasked a group with exploring the possibility of restarting the international arm of the exchange.
The CEO who has stepped in for former CEO, Sam Bankman-Fried, believes the move to reopen FTX would offer more value to customers as opposed to simply liquidating assets and closing or selling the platform.