New FTX CEO John Ray III Says Exchange Could Be Up and Running Again Soon
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FTX may restart. That’s the crazy news for today, that one of the biggest crypto debacles could eventually turn itself around. The news has been greeted with positivity given that FTT – the native token of the now defunct crypto exchange – has risen by more than 35 percent at the time of writing. Could FTX Become Operational Again? Initially, the token was trading at about $1.83, though it has since risen to just over $2.50. John Ray III – the new CEO of the exchange who was also hired in the past to repair the mess left by Enron
The new CEO of the bankrupt FTX exchange, John Ray III, is exploring the possibility of restarting the trading platform, said The Wall Street Journal. “This is being discussed,” the top manager said during an interview with the publication. There are stakeholders we work with who believe that is a…
John Ray III is an attorney that’s been in the news a lot, lately. He’s the man who cleaned up the Enron mess close to 20 years ago, and now he’s been called in to fix the problems surrounding failed digital currency exchange FTX. John Ray III Has Been Called…