In the first interview, the new FTX CEO has discussed the opportunity to restart the crypto exchange that is no longer existing-

In the first interview, the new FTX CEO has discussed the opportunity to restart the crypto exchange that is no longer existing-

After the recent unveiling that FTX debtor and bankruptcy manager had found Liquide funds of $ 5.5 billion, the new FTX CEO John John John Ray III spoke in his first interview since the Börse's restructuring process was taken over. During the interview, Ray said that he is open to the possibility of reviving the now no longer existing trading platform for digital currencies.

John J. Ray III, CEO of FTX, examines the revival of the fallen crypto exchange

The new FTX CEO and Chief Restructuring Officer (Cro), John J. Ray III, led his first through Interview since the company for insolvency protection on November 11, 2022. Ray told the Wall Street Journal (WSJ), That it could make sense to restart the crypto exchange and emphasized that "everything is on the table". Ray's interview followed a recently published press release and presentation of the competitive team and the FTX debtor who were published to inform the committee of the unsecured creditors.

"If there is a way forward [Rebooting ftx] then we will not only examine it, we will do it," said Ray of the publication.

The presentation that were handed over to the committee of the unsecured believers showed that $ 5.5 billion were discovered in so -called "liquid assets". However, the definition of "liquid" applies to the stock of blocked Sol and the cache of FTX token (FTT). questionable . In addition to the $ 5.5 billion discovered, the competitive team said that a further $ 4.5 billion could be achieved in the Bahamas by selling subsidiaries and marketing FTX. Ray said that there are stakeholders who work with the debtors who "identified what they see as profitable business".

New FTX CEO speaks tensions with ex-CEO Sam Bankman-Fried and criticizes the "Kaufrausch" by Inner Circle

ray also spoke about the former CEO, sam Bankman-Fried (Sbf), as it was reported that the new CEO from FTX gave distance to the felled FTX co-founder. "We don't have to speak to him," Ray told the WSJ. "He didn't tell us anything that I don't already know." However, the WSJ received an answer from SBF, which Ray's comment described as "shocking".

"This is a shocking and devastating comment from someone who pretends to take care of customers," SBF told the WSJ. Ray sees it differently than SBF and the Chief Restructuring Officer even criticized the co -founder the excel balance . "That is the problem," Ray told the WSJ interviewer. "He thinks everything is a big honey pot.

ray announced that he hadn't seen something like FTX during his entire career in restructuring companies. "They made a shopping frenzy," emphasized Ray. "Sometimes there were no purchase contracts or the contracts were not signed," added the FTX CEO. Once again, SBF made the claims that Ray had made about the co -founder that he thought that things were like a big honey pot.

"Lord Ray continues to provide incorrect information on the basis of non -existent calculations," SBF informed the WSJ in an SMS. "If Mr. Ray had made the trouble to think carefully about FTX US, he would probably have realized that his interpretation is completely incompatible with bankruptcy law, and also that even if you were pulling $ 250 million off my balance sheet, ftx us * was still * solvent."

SBF added:

Rather, Mr. Ray sees everything as a big honey pot - one that he wants to keep.

ray does not agree with SBF, and although the FTX co-founder said on countless occasions that he would like to help the creditors, Ray believes that SBF is misleading and harms more than benefits. Ray noticed that SBF's SMS statements were wrong and insisted that this is "regrettable because people are still victims. The new FTX CEO added: "You are victims of misinformation ... it's harmful."

Börsentken from ftx, ftt due to news that could be found from ray and his conviction that there could be a way to revive the no longer existing trading platform. ftt climbed 35 % and reached $ 2.48 per unit after it was traded for $ 1.71 per unit.

What do you think about Ray's first interview since the beginning of the FTX restructuring process? Share your thoughts in the comments below.

Jamie Redman

Jamie Redman is the news manager at Bitcoin.com News and a Journalist for Financial Technology living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open source code and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com news about the disruptive protocols that arise today.


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