FTX Exchange To Make a Come Back!

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FTX's new CEO, John Ray III, is exploring the possibility of restarting the company.

Ray has set up a task force to investigate the potential of reviving the main international exchange.

Ray is considering whether reviving the exchange would provide greater value to customers and creditors.

He also stated that they are making progress in efforts to maximize recoveries and return lost funds.

He asks stakeholders to understand that information is preliminary and subject to change, and will provide updates as soon as possible.