CEO John Ray said he was looking into whether reviving FTX.com would recover more value for the company’s customers than his team could get from simply liquidating assets or selling the platform
Bankrupt crypto exchange FTX’s new chief executive, John Ray, is looking into the possibility of reviving the exchange, the Wall Street Journal reported on Thursday, citing an interview.
Ray said he has set up a task force to explore restarting FTX.com, the company’s main international exchange, and was looking into whether reviving it would recover more value for the company’s customers than his team could get from simply liquidating assets or selling the platform, the report said.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
FTX: Alameda could borrow up to $65 billion without collateralFTX’s back door to Alameda gave the research arm access to borrow billions of customers fund without collateral The recovered funds are less than the assets that were supposed to be on both FTX.com and FTX US FTX Debtors released a new update on the recent developments in the bankruptcy proceedings. The update was regarding […]
Read more »
ICBC CEO jumps ship to become new head of BC FerriesThe president and CEO of ICBC is departing his role at the insurance corporation to fill the CEO position at BC Ferries.
Read more »
John Robson: American debt ceiling is like a New Year’s Resolution to lose weightFrogs are not, generally speaking, depicted as paragons of wisdom or intellect. Rather, people mock them for leaping out if dropped in scalding water but…
Read more »
Focus for Mackenzie’s new CEO is on ‘winning’ retail investment, partnerships, distributionLuke Gould talks about how he’s leading the firm through the current bear market and where the opportunities lie
Read more »
FTX says $415 million in crypto was hackedFTX told a bankruptcy judge in Delaware last week that it had recovered over $5 billion.
Read more »
FTX says $415 million in crypto was hackedFTX said in a report to creditors on Tuesday that about $415 million in crypto had been stolen as a result of hacks.
Read more »