Former SEC Chair: FTX On Path To Stability With This Recent Decision

FTX Latest News: While the crypto market struggles to recover from the shock collapse of FTX, there are finally some positive signals coming out amid an ongoing SEC probe. The troubled crypto exchange entered into chapter 11 bankruptcy proceedings after it struggled to cope with the liquidity crisis. Along with the bankruptcy announcement, FTX also replaced Sam Bankman-Fried with John Ray as the new CEO. Whether Ray finds enough support to turn the fortunes around for the company remains to be seen.