John Ray, who took control of as CEO of cryptocurrency exchange FTX prior to bankruptcy procedures, has apparently established a job force to consider restarting FTX.com.According to a Jan. 19 report from The Wall Street Journal, Ray said that everything was” on the table”when it pertained to the future of FTX.com, including a potential path forward with rebooting the exchange. FTX Trading, doing business as FTX.com, was among roughly 130 companies under FTX Group that filed for Chapter 11 bankruptcy in November. Ray reportedly was thinking about restoring the crypto exchange as part of efforts to make users whole. FTX reported on Jan. 17 that it had actually determined approximately$ 5.5 billion of liquid possessions in its examinations, with more than$

3 billion owed to its leading 50 creditors. According to the FTX CEO, he thought about feedback from some stakeholders who saw the exchange as a” feasible service.” The collapse of FTX and subsequent criminal charges for many of its executives sent out ripples through the crypto space in 2022. Former Alameda Research CEO Caroline Ellison and FTX co-founder Gary Wang have actually pleaded guilty to scams charges, while Ray’s predecessor, Sam Bankman-Fried, has actually largely denied the allegations against him. He pleaded not guilty and is scheduled to appear in court in October for his trial.Related: United States authorities launch page to alert FTX’s declared victims about SBF’s case Ray was supposedly helped by Wang and Ellison in tracking down some of the company’s properties, but he has frequently traded barbs with Bankman-Fried. The previous CEO claimed he had been pressed by law office Sullivan & Crowell and the FTX US general counsel into calling Ray as the head of FTX prior to the company’s insolvency. Ray has also said Bankman-Fried no longer has any role at the exchange and can not speak on its behalf.”We don’t need to be dialoguing with him,”Ray reportedly said, describing Bankman-Fried.”He hasn’t informed us anything that I do not currently understand.”FTX US is solvent, as it constantly as been.https:// t.co/ XjcyYFsoU0 pic.twitter.com/kn9Wm9wxjl!.?.!— SBF(@SBF_FTX)January 18, 2023 SBF said in a Jan. 12 post on a” pre-mortem introduction”of FTX that if the exchange were to “reboot,”it might be possible to reimburse customers with properties on hand. The team dealing with the personal bankruptcy proceedings and Bankman-Fried have publicly disagreed on methods computing FTX’s balance sheet, with the previous CEO claiming that FTX US was”totally solvent.”