Bankrupt crypto exchange FTX's new chief executive, John Ray, is looking at the possibility of reviving the platform. He told Wall Street Journal that he has set up a taskforce to explore restarting FTX.com to ''recover more value'' for people who lost money.
FTX was valued at $32bn last year but filed for bankruptcy protection in November with an estimated $8bn worth of funds missing.
Would people put enough trust in the new chief executive? How could FTX possibly come back and make profits legitimately after the SBF mess? Personally I think it's like flogging a dead horse and that the trust has gone and the only way to get that trust back is by returning lost funds. Let's see what happens I guess.
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