FTT Token Price Soars After FTX CEO Hints the Idea of the Exchange Restart

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Last Updated on January 20, 2023 by Bitfinsider

FTT, the token associated with the insolvent crypto exchange FTX, increased by 30% after the business’s new CEO stated that FTX.com would be relaunched.

According to Coinmarketcap data, the cryptocurrency was trading at roughly $2.17 based on current time of writing.

John Ray III, who is in charge of the FTX corporate empire’s bankruptcy and restructuring, claimed he had formed a task team to look into resurrecting FTX.com.

coinmarketcap.com

“If there is a path forward on that, then we will not only explore that, we’ll do it,” he said. “There are stakeholders we’re working with who’ve identified what they see is a viable business.”


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