FTX CEO and bankruptcy reorganization lead John Ray: The exchange may restart operations
The Wall Street Journal interviewed FTX CEO and head of restructuring, John Ray, who stated that he has set up a task force to explore the possibility of relaunching FTX.com.
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The Wall Street Journal interviewed John Ray, CEO of FTX and head of the bankruptcy restructuring, who has set up a task force to explore the possibility of restarting FTX.com. He mentioned that despite allegations of criminal misconduct among FTX executives, customers have praised FTX's technology, indicating its value for a potential restart. He stated that they will study whether restarting FTX.com, as opposed to liquidating assets, could compensate company users with more value.
John Ray also mentioned that discussions with SBF have been of no help in clarifying the situation, as SBF has not revealed anything they were not already aware of.