FTX MAY BE RELAUNCHED, WOULD YOU TRUST IT AGAIN ?
This statement is significant because it suggests that the SEC is open to the possibility of FTX continuing to operate.
Even after the collapse of the company under the leadership of Sam Bankman-Fried. But, would you put your money in this exchange? Let’s discover more about this.
How Could a Rebooted FTX Work ?
There are a few different ways that a rebooted FTX could work. One possibility is that the exchange could be acquired by a new owner. This could be a traditional financial institution, such as a bank or a hedge fund. Or it could be a crypto-native company. Another possibility is that FTX could be restructured and relaunched under the same name. But with new leadership and a new focus on compliance.
SEC Chair Gensler says rebooted FTX run by ex-NYSE chief is possible if done 'within the law'
https://www.cnbc.com/2023/11/08/secs-gensler-says-rebooted-ftx-is-possible-if-done-within-the-law.html?taid=654c2dda0ec13f0001cc1ab2&utm_campaign=trueanthem&utm_medium=social&utm_source=twitter%7Cmain
CNBC (@CNBC) November 9, 2023
https://twitter.com/CNBC/status/1722417429861519786?t=L6-JMpO-wHqa03uB5NSahw&s=19
Would People Trust Ftx Again ? #ftx
what's your thoughts , I'd love to know what's on your mind .
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