Cryptodetective blank
  • Cryptocurrency News
    • Bitcoin News
    • Ethereum
      • Ethereum 2.0
    • Ripple
    • Solana
    • Shiba Inu
    • VeChain
    • Polygon
    • Stablecoin
  • Exchange News
    • Binance News
  • Finance News
    • Government and Regulations News
  • Cryptocurrency Market Analysis
  • Finance News
  • NFT News
  • Crypto explained
  • Knowledge Base
Reading: FTX discovers $7.3 billion worth of crypto and considers reboot, FTT surges by 100%
Share
  • bitcoinBitcoin(BTC)$26,572.00-0.15%
  • ethereumEthereum(ETH)$1,592.53-0.16%
  • USDEXUSDEX(USDEX)$1.07-0.94%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$210.70-0.11%
  • rippleXRP(XRP)$0.510.66%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • staked-etherLido Staked Ether(STETH)$1,592.69-0.01%
  • dogecoinDogecoin(DOGE)$0.061536-0.07%
  • cardanoCardano(ADA)$0.2459470.47%
CryptodetectiveCryptodetective
Aa
  • Cryptocurrency News
  • Exchange News
  • Finance News
  • Cryptocurrency Market Analysis
  • Finance News
  • NFT News
  • Crypto explained
  • Knowledge Base
Search
  • Cryptocurrency News
    • Bitcoin News
    • Ethereum
    • Ripple
    • Solana
    • Shiba Inu
    • VeChain
    • Polygon
    • Stablecoin
  • Exchange News
    • Binance News
  • Finance News
    • Government and Regulations News
  • Cryptocurrency Market Analysis
  • Finance News
  • NFT News
  • Crypto explained
  • Knowledge Base
Have an existing account? Sign In
Follow US
Copyright © 2023 Cryptodetective.net. All rights reserved.
FTX discovers $7.3 billion worth of crypto and considers reboot, FTT surges by 100%
Cryptodetective > Blog > News > FTX discovers $7.3 billion worth of crypto and considers reboot, FTT surges by 100%
News

FTX discovers $7.3 billion worth of crypto and considers reboot, FTT surges by 100%

crypto
Last updated: 2023/04/18 at 2:12 AM
crypto Published April 18, 2023
Share

# FTX Makes a Comeback with a Possible Relaunch

Cryptocurrency exchange FTX, which went bankrupt a few months ago, has recovered over $7.3 billion in both cash and crypto. The company has also found over $800 million since January, according to its lawyers. During a recent hearing at the bankruptcy court, the lawyers stated that the company is considering a relaunch in Q2 of this year. In this article, we will discuss FTX’s recent developments, the possibility of a relaunch, and what it means for the crypto world.

## FTX Recovers Lost Funds

FTX’s recent recovery of over $7.3 billion in assets is a positive development for the bankrupt exchange. This news gives renewed hope to its customers who lost their money when the exchange went down. Reuters reported that the exchange’s lawyers disclosed this information to the bankruptcy court recently. It indicates that FTX is taking steps to make things right with its customers.

- Advertisement -

## Possibility of a Relaunch

The news of a possible relaunch of FTX is surprising, given the exchange’s history. FTX was involved in one of the most significant financial scandals in history, tarnishing crypto’s reputation. The question is whether FTX can regain the trust of crypto investors, which they lost due to their previous failings. Despite this, the lawyers have confirmed that the exchange will consider a relaunch in Q2 of this year.

It remains unclear what form the relaunch will take. It might be another brand name, but with FTX’s infrastructure, which gives customers an entirely new experience. Regardless of what happens, customers are hopeful that their trust in FTX might be restored.

## The Future of FTX

The recovery of lost funds has been good news for FTX customers. A possible relaunch adds a new twist to the story. It remains to be seen if FTX can regain its customers’ trust, given what has happened in the past. However, the recovery of funds and the possibility of a relaunch are good signs that FTX is moving in the right direction.

- Advertisement -

If FTX does relaunch with a new brand name, it will be interesting to see what steps they take to regain their customers’ trust. It will be a long road to restoring their relationship with their customers, but it is a journey worth taking.

## Conclusion

In conclusion, FTX’s recovery of lost funds and the possibility of a relaunch are good news for the crypto community. The recovery of funds indicates that FTX is taking steps to make things right with its customers. A relaunch gives hope that the exchange can be reborn and regain the trust of crypto investors. While there are still challenges ahead, FTX’s recent developments are promising, and we look forward to seeing what the future holds for this exchange.

- Advertisement -

You Might Also Like

Concerns over huge crypto dump by market are “unjustified”

Unrest at Polkadot: Major crypto project halts activities

Google’s CEO states in an interview that the company does not consider cryptocurrency rates important.

Bitcoin experiences rapid dip after reaching highest price in weeks, what follows today?

XRP Could Dethrone Bitcoin, says Ripple CEO

Stay informed with the latest Crypto News

Sign Up for Our Newsletter Today!

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Twitter Whatsapp Whatsapp Reddit Telegram Email Copy Link Print
Share
Unveil Your Crypto-Clues: Express with Emojis!
Joy0
Surprise0
Embarrass0
Sad0
Cry0
Angry0
Sleepy0
Dead0
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay connected

Follow us on Social Media
1.2k Followers Follow
Telegram Follow

Stay Informed with the Latest Crypto News:

Sign Up for Our Newsletter Today!

Popular News
Bitcoin miners selling large amounts of BTC, but remaining incredibly bullish
Bitcoin miners selling large amounts of BTC, but remaining incredibly bullish
Bitcoin price encounters major obstacle, analyst shares his perspective
Bitcoin price encounters major obstacle, analyst shares his perspective
Enormous Rise in 'Cryptojacking': Secretly Mining Cryptocurrency on Your PC
Enormous Rise in ‘Cryptojacking’: Secretly Mining Cryptocurrency on Your PC

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Telegram
Cryptodetective blank

Stay one step ahead of the game with CryptoDetective.net - Your trusted source for all things crypto. From the latest news and trends to expert analysis and insights, we've got you covered.

Subscribe to our newsletter

Stay Informed with the Latest Crypto News: Sign Up for Our Newsletter Today!

Important pages

  • About cryptodetective
  • Disclaimer
  • Team
  • Privacy Policy
  • Sitemap
Copyright © 2023 Cryptodetective.net. All rights reserved.
Welcome Back!

Sign in to your account

Lost your password?