A Golden Finance report stated that although there were rumors that FTX 2.0 would be relaunched, the plan was eventually abandoned. FTX CEO John J. Ray III stated in June 2022 that the company had started soliciting interested parties for the relaunch of FTX.com exchange and may undergo a rebranding. However, FTX lawyer Andrew Dietderich informed the judge at the hearing in January 2024 that they failed to find investors willing to invest, and therefore, the relaunch plan was put on hold.
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FTX 2.0 restart rumors fall through, lack of investor interest
A Golden Finance report stated that although there were rumors that FTX 2.0 would be relaunched, the plan was eventually abandoned. FTX CEO John J. Ray III stated in June 2022 that the company had started soliciting interested parties for the relaunch of FTX.com exchange and may undergo a rebranding. However, FTX lawyer Andrew Dietderich informed the judge at the hearing in January 2024 that they failed to find investors willing to invest, and therefore, the relaunch plan was put on hold.