The crash of the cryptocurrency exchange FTX in November 2022 provoked not only the fall of bitcoin, but also the bankruptcy of many blockchain companies.
The post of FTX CEO following the resignation of Sam Bankman-Friede was taken by John Ray. Now his team is considering options for restarting the trading floor.
Ray told The Wall Street Journal this week that FTX had about $5.5 billion in assets, more than $3 billion of which must be paid to the exchange’s 50 major creditors.