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FTX begins re-launch talks

  • FTT’s token instantly reacted with growth
  • The company has already begun the process of engaging interested parties
  • It recently managed to recover $7 billion in liquid assets

The bankrupt cryptocurrency exchange FTX announced plans to restart the platform.. The company is now in early talks with investors about relaunching its international exchange.

FTX CEO John Jay Ray III, said:</nbsp;

“The company has begun the process of engaging interested parties to relaunch its FTX.com exchange.”

Two days ago, June 26, FTX released its bankruptcy report. According to it, the exchange’s new management was able to recover $7 billion in liquid assets, enough to pay off most of the firm’s liabilities to customers.

FTX continues to try to rebuild its international cryptocurrency exchange, even as its reputation continues to suffer.. The new executives revealed how they say nearly $9 billion in customer funds were stolen before the company collapsed last year.

The FTT token responded with an increase of about 15%. As of this writing, it is trading at $1.44.