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The bankrupt crypto exchange FTX’s revival plans could soon become a work in progress as new CEO John Ray III is working on a reboot plan as per the latest court filings.
In a new court filing on May 22 reviewed by Cointelegraph, the FTX team shared a compensation report highlighting the work done by Ray in regard to the Chapter 11 bankruptcy. The review report mentioned a series of activities undertaken by Ray to ensure the debtor’s best interests. However, what caught the most attention of the crypto community was the mention of rebooting FTX.
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