What Happened: In an interview with The Wall Street Journal, Ray said that a task group has been established to evaluate the possibility of reviving the company's main international exchange, FTX.com.

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“Everything is on the table,” Ray said to the Journal. “If there is a path forward on that, then we will not only explore that, we’ll do it.”

FTT has seen a 160% rise since its all-time low of $0.82 on Dec 30, according to CoinMarketCap data. Despite the catastrophic failure of FTX, the token's value has never plummeted to zero. 

Price Action: At the time of writing, FTT was trading at $2.33, according to Benzinga Pro.