FTX is considering proposals from three bidders to relaunch the crypto exchange, Bloomberg reported. AdvertisementAdvertisementFTX, which dramatically imploded last November, is considering three bids to restart the crypto exchange, Bloomberg reported. Bloomberg reported that Cofsky told the judge that the options include selling the entire exchange, bringing in a partner to help restart it, or that FTX could relaunch the exchange itself. The legal team added that the crypto exchange had so far recovered $7.3 billion. AdvertisementAdvertisementSelling or relaunching FTX could be key to reimbursing customers who lost money after it shut down last year.

---

Persons: —, Kevin Cofsky, FTX, Cofsky, John Ray III, CoinTelegraph, Sam Bankman, Nishad Singh, Caroline Ellison, Gary Wang Organizations: Bloomberg, Service Locations: Delaware