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SBF Supports Restarting FTX and Issuing New FTT Token to Creditors

Bankrupt crypto trading platform FTX’s exchange token FTT is still trading above $1 per unit.  It’s uncertain why FTT has risen more than 20% this week, but it might be because there’s been talk of issuing a new FTT token.

On Dec. 9, the crypto proponent Ran Neuner tweeted about the issuance of a new FTT token. “Fire up the FTX exchange,” Neuner said on Twitter. “Issue a new FTT token. Distribute the token to creditors/depositors. Accrue 100% of profits to token holders. It will be the biggest exchange in the world and users will be made more than whole,” Neuner added.

Interestingly, the disgraced FTX co-founder Sam Bankman-Fried (SBF) responded to Neuner’s tweet. SBF replied: I continue to think that this would be a productive path for parties to explore — I *hope* that the teams in place will do so.

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