Ray, who took over the reins in November, has set up a task force to explore restarting FTX.com, the company’s main international exchange, he said in an interview with the WSJ.
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The CEO also told the Journal that he would look into whether reviving FTX’s international exchange would recover more value for the company’s customers than his team could get from simply liquidating assets or selling the platform.
FTX’s native token FTT surged nearly 30% after the report.
“I’m still waiting for him to finally admit FTX US is solvent and give customers their money back,” Bankman-Fried added.
Interesting:
A legal representative for FTX did not immediately respond to a Reuters request for comment.
Bankman-Fried has been accused of stealing billions of dollars from the exchange’s customers to pay debts incurred by his crypto-focused hedge fund, Alameda Research. He has pleaded not guilty to fraud charges.
Reporting by Niket Nishant in Bengaluru; Editing by Shailesh Kuber and Anil D’Silva
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