FTX Token (FTT) Price Spikes 33% As New CEO John J. Ray III Plans To Restart Exchange

The value of FTX’s controversial $FTT token increased by more than 33% after the newly appointed chief executive officer of the insolvent company, John J. Ray III, stated that he is investigating the prospect of relaunching the crypto exchange. The FTX Token’s ($FTT) price hit $2.41 on the competing exchange Binance, which marks a gain of 73% over the last seven days.