FTX Scraps Plans To Revive Exchange, Will Repay Billions To Customers

Slashdot
By BeauHDJan 31, 2024, 6:20 pm126 ptsTrending
A lawyer for FTX said the defunct crypto exchange has abandoned its plans to relaunch, instead opting to liquidate all assets and return funds to customers. The Guardian reports: The exchange, founded by Sam Bankman-Fried, has been negotiating for months with potential bidders and investors, but none were…

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