JUST IN: FTX_Official could reopen, its bankruptcy attorney said in court. $FTT surges. cheyenneligon reports
Don't miss "FTX: What Happened" with the former president of FTX's U.S. arm and Anthony Scaramucci.FTX, the cryptocurrency exchange that collapsed spectacularly in November, is considering reopening at some point in the future as it navigates bankruptcy, its attorneys from Sullivan & Cromwell said in a court hearing on Wednesday.
One potential option discussed was to let FTX's creditors convert a portion of their holdings to a stake in a reopened exchange.
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