John Ray says that the revival of FTX is on the table: Report

John Ray says that the revival of FTX is on the table: Report

The incumbent Chief Executive Officer from FTX, John J. Ray III, who is responsible for the fact that the creditors of the bankrupt stock exchange stock exchange receive as much compensation as possible, said that the platform may be restarted.

• In conversation with Das Wall Street Journal, John J. Ray III said that the resumption of the stock exchange was on the table.

Everything is on the table. If there is a way forward, then we will not only research it, we will do it.

• FTX already filed for bankruptcy in November 2022 using Chapter 11.
• Mr. Ray also made it clear that he would investigate whether the resumption of the international stock exchange would give more value for the company's creditors than his team could achieve through the simple liquidation of the assets or the sale of the whole item.

There are stakeholders with which we work with that identified what they see as a viable business.

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