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The Daily Hodl
2022-11-21 19:41:06

FTX Exploring Sale or Recapitalization of Healthy Subsidiaries, According to New CEO

FTX Exploring Sale or Recapitalization of Healthy Subsidiaries, According to New CEO

The new CEO of bankrupt crypto exchange FTX says the firm is looking at the prospect of selling and recapitalizing some of its subsidiaries in the coming weeks. In a new statement, John J. Ray, who replaced Sam Bankman-Fried, says that a review of the firm’s affiliated companies shows that some of FTX’s subsidiaries are The post FTX Exploring Sale or Recapitalization of Healthy Subsidiaries, According to New CEO appeared first on The Daily Hodl .

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