Before its collapse a year ago, FTX had ranked as one of the world’s biggest cryptocurrency exchanges.
Photo: Nikolas Kokovlis/Zuma PressA company run by former New York Stock Exchange President Tom Farley is among three suitors vying to buy the remnants of FTX, as the auction for the collapsed cryptocurrency exchange founded by Sam Bankman-Fried reaches its final stages.
Bullish, the crypto exchange run by Farley, fintech startup Figure Technologies and crypto venture-capital firm Proof Group are competing to buy FTX, according to people familiar with the matter.
The winner could restart the exchange after its planned exit from bankruptcy next year.
Persons:
FTX, Nikolas Kokovlis, Tom Farley, Sam Bankman, Farley
Organizations:
Press, New York Stock Exchange, Technologies