FTX Japan may be preparing to reopen after an auction date was extended. Court documents show that CEO John J. Ray III has spoken with officials in Japan regarding various matters.
Bankrupt cryptocurrency exchange FTX could see its Japanese unit reopen, according to court documents.
FTX Japan CEO John J. Ray III, who is handling how the exchange navigates its current predicament, has interacted with management in Japan and other locations worldwide.
Possible Plans to Reopen the Exchange?
The decision to possibly reopen comes after Ray has spoken to several parties in Japan regarding the status of FTX Japan. An auction to sell the exchange has also been in the news. Over the past few months, there have been multiple developments regarding this sale, with online brokerage Monex among those in the running.
As it stands, the deadline for the auction was extended to April 26, and perhaps the reason for this was the reopening of the…
