FTX, the collapsed cryptocurrency exchange, has relaunched under the new branding of “FTX 2.0” with a revamped leadership team. The new management, led by restructuring expert John J.
Ray III, aims to restore trust in the exchange after its high-profile bankruptcy in 2022. FTX 2.0 will operate under stricter regulatory oversight, with a focus on compliance, user protection, and security.
The new platform will also compensate creditors and former customers affected by the collapse.
While FTX 2.0 will initially operate in a limited capacity, the relaunch marks an attempt to rehabilitate the exchange’s tarnished image and regain its position in the crypto market.
