FTX REVIVAL: THE ONLY WAY TO PLUG THE $2 BILLION HOLE
The latest statements from John Ray III, the interim CEO of FTX in charge of the bankruptcy process, would imply a future restart of the crypto exchange.
Obviously, we're talking about a reboot here under a brand new label. No more Sam Bankman-Fried escapades, the new exchange would be under the leadership of a new boss, under close surveillance by regulators.
Even the name “FTX” would be dropped. There is therefore no chance of seeing an “FTX 2.0” spring up like a flower in the coming months 😎. For a proper restart, the exchange will have to leave behind its sulphurous image. And for that, the best way is still to change your name.