On July 31st, under its new CEO, John J. Ray III, the bankrupt cryptocurrency exchange FTX Trading Ltd. submitted a draft plan to “reboot” the collapsed crypto exchange.
The proposal was unveiled on Monday, presenting FTX.com claimants with the option to hold equity securities, tokens, or other interests in a newly established offshore company. …
Read More: FTX Unveils Reboot Plan for New Offshore Exchange under New Leadership