Proof Group, Member of Celsius-Winning Fahrenheit Consortium, Is in the Running to Reboot Crypto Exchange FTX: Sources

There are many moving parts in the FTX bankruptcy, and a restart would have to deal with various aspects of claims, token lockups and compliance issues. The process is not straightforward. Bankrupt crypto lender Voyager attracted a number of hopeful bidders looking to restructure the firm, offer tokens to creditors and so on, to no avail, offering a case study on how tricky reboot plans can be, said bankruptcy expert Thomas Braziel, founder of 117 Partners.

Source: https://www.coindesk.com/business/2023/11/06/celsius-winner-proof-group-is-in-running-to-relaunch-ftx-sources-say/?utm_medium=referral&utm_source=rss&utm_campaign=headlines