John J.Ray UPS John J.Ray

FTX’s new boss mulls reviving bankrupt crypto exchange

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FTX’s new chief executive, John J. Ray III, said he’s looking into the possibility of reviving the bankrupt crypto exchange as he works to return money to the failed company’s customers and creditors.In his first interview since taking over FTX in November, Ray said that he has set up a task force to explore restarting, the company’s main international exchange.

Although top FTX executives have been accused of criminal misconduct, some customers have praised its technology and suggested that there would be value in...

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