FTX's FTT token surged in value Thursday morning after the Wall Street Journal published an interview in which CEO John Ray III said the bankrupt crypto exchange may restart.
John J. Ray III, CEO of FTX Group, testifies during the House Financial Services Committee hearing titled Investigating the Collapse of FTX Part I at the U.S. Capitol in Washington, D.C., on Dec. 13, 2022.
FTX founder Sam Bankman-Fried leaves Manhattan Federal Court after his arraignment and bail hearings in New York City on Dec. 22, 2022. "There are stakeholders we’re working with who’ve identified what they see is a viable business," he said.from the Southern District of New York and the Securities and Exchange Commission.
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FTX CEO says he is exploring rebooting the exchange: ReportJohn Ray, chief executive officer of FTX amid the firm's bankruptcy proceedings, is reportedly considering reviving FTX Trading based on feedback from certain shareholders.
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