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