FTX’s New CEO Speaks, FTT Price Rises Rapidly

The new CEO of FTX, John J. Ray III, wants to bring the bankrupt crypto exchange back to life.

John Ray, who became the CEO of FTX after Sam Bankman-Fried and managed the restructuring process of the company, said that despite all the events, FTX was rebuilt. can become an active stock market is thinking.

Interviewed for the first time since November, Ray said, “Right now all options are open. If there is a way we can move forward from here, we will not only search that way, we will move on that way.” said.

Cryptocurrency exchange FTX has been similar to several other crypto companies like Celsius Network, Voyager Digital, BlockFi in the past year. filing for bankruptcy found.

One of the company’s current options is, to shut down the company completely and to return customers’ remaining money in the stock market as soon as possible. work.

But the new CEO of FTX, John Ray, also the option to revive takes into account.

Rail, “Some of the stakeholders we spoke with think this is a sustainable business.” said.

FTT, the token of the cryptocurrency exchange FTX, after these statements of John Ray fell into the press to gain value in a short time started. According to CoinGecko data, FTT will be done within 24 hours. Up more than 17% to $2.25 rose.

Earlier in his career, Ray had oversaw the restructuring of some large companies. The most famous of these was Enron Corp.

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