FTX officially announced that it will not restart, FTT is reborn and I am meme
Original|Odaily Planet Daily
Author: jk
On Wednesday, January 31, local time in the United States, bankrupt cryptocurrency exchange FTX told the court that it expects to be able to repay its customers in full. The announcement was made through a court hearing, and U.S. Bankruptcy Judge John Dorsey has preliminarily approved this date, although a considerable number of creditors have expressed disagreement with it.
According to court proceedings, FTX has abandoned plans to relaunch its platform and is instead focusing on fully repaying its former customers. According to court proceedings, FTX has abandoned plans to relaunch its platform due to a lack of buyers. Advisors searched the market thoroughly to find investors willing to relaunch FTX, but no one was willing to provide the cash needed to restart the exchange.