FTX cryptocurrency jumps more than 35% after CEO John Ray says bankrupt crypto exchange may restart

Canada News News

FTX cryptocurrency jumps more than 35% after CEO John Ray says bankrupt crypto exchange may restart
Canada Latest News,Canada Headlines
  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 53%

FTX's FTT token surged in value Thursday morning after the Wall Street Journal published an interview in which CEO John Ray III said the bankrupt crypto exchange may restart.

John J. Ray III, CEO of FTX Group, testifies during the House Financial Services Committee hearing titled Investigating the Collapse of FTX Part I at the U.S. Capitol in Washington, D.C., on Dec. 13, 2022.

FTX founder Sam Bankman-Fried leaves Manhattan Federal Court after his arraignment and bail hearings in New York City on Dec. 22, 2022. "There are stakeholders we’re working with who’ve identified what they see is a viable business," he said.from the Southern District of New York and the Securities and Exchange Commission.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FoxBusiness /  🏆 458. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

John Ray Says Reviving FTX is on the Table: ReportJohn Ray Says Reviving FTX is on the Table: ReportJohn Ray said that they might try to restart the FTX international exchange, if this makes sense for making creditors whole.
Read more »

FTX chief John Ray says bankrupt crypto exchange could restart: reportFTX chief John Ray says bankrupt crypto exchange could restart: reportRay 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.
Read more »

FTX reports $415 mln in hacked crypto, Bankman-Fried says FTX US is solventFTX reports $415 mln in hacked crypto, Bankman-Fried says FTX US is solventBankrupt crypto exchange FTX said in a report to creditors on Tuesday that about $415 million in cryptocurrency had been stolen in hacks.
Read more »

NFL wild-card playoffs drip check: Ray-Ray McCloud III goes edgy; CeeDee Lamb goes classyNFL wild-card playoffs drip check: Ray-Ray McCloud III goes edgy; CeeDee Lamb goes classyThe NFL playoffs are officially upon us and six teams brought their best on the field — and off of it. With a win-or-go-home mentality, the fashion statements need to be stronger than ever. Here's the NFL wild-card weekend drip check:
Read more »

FTX CEO says he is exploring rebooting the exchange: ReportFTX CEO says he is exploring rebooting the exchange: ReportJohn Ray, chief executive officer of FTX amid the firm's bankruptcy proceedings, is reportedly considering reviving FTX Trading based on feedback from certain shareholders.
Read more »



Render Time: 2025-03-04 18:14:41