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Quick Tech News

QuickTechnics

by Alexander Fäh

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Writer's pictureAlexander Fäh

FTX could resume operations soon

FTX's new CEO, John Ray, is looking at an option to revive the bankrupt crypto trading platform.

Comeback of FTX?; Image: Wall Street Journal

John Ray, FTX's new CEO since November, has assembled a task force to look at ways to revive FTX's international business after the company filed for bankruptcy.


Sam Bankman-Fried commented on the revival of FTX as follows:

A few months ago, Bankman-Fried was accused of taking several billions of customer funds from FTX and using that money to bail out crypto hedge fund Alameda Research. He was found not guilty.

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