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FTX Token Jumps After New CEO Says Exchange Could Restart

• Ariha Jutt
• January 20, 2023January 24, 2023
• 0

• FTT’s prices jumped by more than 30% on Binance, data shows
• A task force is set up to explore the restart, new CEO says

By

Muyao Shen and

Olga Kharif

January 19, 2023 at 8:41 AM PSTUpdated onJanuary 19, 2023 at 1:09 PM PST

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A relaunch is one option under consideration as Ray works to return money to FTX’s customers and creditors, he said in an interview with the Wall Street Journal. A task force has been set up to explore restarting FTX.com, he said. Representatives for FTX declined to

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FTX’s controversial FTT token surged by more than 40% after the bankrupt company’s new chief executive, John J. Ray III, said that he’s exploring the possibility of restarting the crypto exchange.