According to court filings, FTX is making plans to restart under the leadership of new CEO John Ray.
According to a court filing filed the other day, the FTX team is preparing to restart the exchange. Previously, it was on the agenda that FTX could restart and attract customers again. In the final file, it was revealed that the material aspect of the reboot was planned.
FTX Is About To Enter The Industry Again
The court filing that the cryptocurrency exchange FTX will be restarted has also increased the price of the FTT token.
In the resulting court filing, it was seen that FTX, which took action with new CEO John Ray, documented its plans to restart. Earlier, FTX reported that it has close to $5.5 billion in liquid assets and has recovered $7.3 billion in assets after processes with creditors.
After all these developments, plans to restart were attached to the court files.
FTX CEO John Ray III confirms FTX 2.0 plans. pic.twitter.com/FeCXOvdrt0
— FTX 2.0 Coalition (@AFTXcreditor) May 22, 2023
FTX, which has been on the agenda with its bankruptcy processes and restructuring planning, has started to discuss many important issues. These issues include planning a restructuring of the exchange and relaunching the exchange as FTX 2.0.
These news, which fell on the agenda, also increased the value of FTT, the cryptocurrency of FTX. While FTT is moving around the $1 levels, it spends the day around $1.12.
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