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Feb 1, 2024

Attempt to Reboot FTX Fails Miserably

Posted by in category: futurism

The attempt to resuscitate FTX is dead on arrival, and soon the defunct exchange will repay the people its convicted felon co-founder bilked out of money.

As The Guardian reports, company attorney Andrew Dietderich admitted that there will be no FTX comeback because, basically, nobody was dumb enough to try and rebuild it.

From the time one-time head Sam Bankman-Fried was first arrested back in November 2022 until now, there have been repeated and vague reports about a potential bounce-back for the shuttered brand.

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