(Reuters) – Bankrupt FTX is shifting ahead with efforts to revive its flagship worldwide cryptocurrency alternate, the Wall Avenue Journal reported on Wednesday, citing CEO John Ray.
The Journal report says the corporate has “begun calls from stakeholders to restart the FTX.com alternate.”
The failed cryptocurrency agency has been in talks with traders a couple of potential relaunch of the FTX.com alternate by buildings akin to a three way partnership, the report added, citing individuals aware of the discussions.
Legal professionals for FTX didn’t instantly reply to Reuters’ request for remark.
In November, FTX filed for Chapter 11 chapter safety in america after a spectacular collapse that despatched shivers by the digital asset trade.
Within the days earlier than the collapse, prospects of the Sam Bankman-Fried cryptocurrency alternate withdrew billions of {dollars}, inflicting the corporate’s liquidity. A bailout cope with rival alternate Binance additionally collapsed, sparking the most important cryptocurrency crash in recent times.
The trade has since rebelled towards scrutiny from world regulators, with FTX founder Bankman-Fried going through a US authorities prison swimsuit for alleged fraud.
