Post
Topic
Board Altcoin Discussion
Re: Is FTX going for a reopen?
by
mindrust
on 20/01/2023, 18:21:52 UTC
GM crypto fam.
As I was doing my usual Friday market check-in, I came across an unbelievable story about a new FTX CEO wanting to reopen FTX, and FTT token surged 30% on the news.
I'm really curious to hear your opinion about this. Is there something I'm missing? Why would anyone be willing to go back to FTX after what it did to the industry?
Sources:
https://www.bloomberg.com/news/articles/2023-01-19/ftx-token-jumps-after-new-ceo-says-exchange-could-restart
https://app.getresponse.com/view.html?x=a62b&m=BVDWtR&mc=9Q&s=BtgXWnG&u=QcLhh&z=ECFYM10&

Hopefully not. The brand is tarnished beyond repair. Nobody in the right mind would ever trust that exchange. It doesn't matter if they get a new CEO. That exchange is finished. They should just declare bankruptcy and try to find ways to make their customers whole.

Let's say they found a new CEO for this scam exchange. Is he going to pay for the stolen coins from his own pocket? If not why even bother?

FTX needs to die asap. Bankman should rot in prison. There is no other way out.