FTX's CEO Says It Could Reboot. That Shouldn't Worry Coinbase Investors.

It would seem a tall order to bring a bankrupt crypto trading platform mired in fraud allegations back to life. But FTX CEO John J. Ray III says he might try.

In an interview with The Wall Street Journal, Ray said he’d set up a task force to explore restarting FTX.com, citing customers who praised the exchange’s technology. The company had also mentioned the initiative in a bankruptcy court filing earlier in the week.