FTX Exchange Revival Is ‘Impossibility,’ Ex-Ally Scaramucci Says

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Anthony Scaramucci, the founder of SkyBridge Capital who was a business partner and ally of Sam Bankman-Fried, said a revival of the FTX exchange is unlikely to happen.  

FTX’s new chief executive officer, John J. Ray III, has been assessing the idea of restarting FTX, and the current management plans to decide in the second quarter whether a restart is feasible. The legal team for FTX has warned that any restart would require a significant amount of capital. 

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