FTX Not Yet Kapok, The Bangkrut Crypto Exchange Will Be Revived

JAKARTA The crypto exchange company FTX, which went bankrupt on November 11, 2022, is rumored to be launching again to the public. A number of FTX officials are considering the possibility to continue the collapsing crypto exchange platform.

The information is written in a court document describing the company's staff reports and compensation for the period April 1, 2023 to April 30, 2023. This is not the first time FTX CEO John J. Ray III has mentioned the FTX relay plan. Previously, the replacement for Sam Bankman-Fried had discussed the launch of the new FTX in his interview when FTX went bankrupt.

John Ray has reviewed the steps to launch FTX 2.0 since last April. The launch of the new FTX is part of their debt restructuring efforts. Ray has also communicated with a number of related organizations to evaluate the potential to revive the FTX crypto exchange.

On April 4, Ray met with cybersecurity firm Sygnia to strengthen FTX security. Launching Bitcoin.com News, On April 14 and 19, Ray reviewed the summary of the "next steps version 2.0" and "matherial reboot version 2.0".

In addition, court records also mention the "register list version 2.0", which suggests the FTX revivable effort could be sold to other crypto exchange market players. However, it is not yet known whether this is the right attempt to restore the trust of the injured FTX consumers?