SBF Supports Restarting FTX and Issuing New FTT Token to Creditors – 24/7 Wall St.

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Sam Bankman-Fried supported the idea of restarting FTX and issuing new FTT tokens to creditors, saying it would be “a productive path for parties to explore.” The idea was first voiced by Crypto Trader host Ran Neuner in a tweet released earlier today.

SBF Says Launching New FTT Token Would Be a “Productive Path” to Explore

Crypto Trader host Ran Neuner said in a tweet Friday that the fallen FTX exchange should restart operations and issue a new FTT token, distribute it to creditors and accrue all profits to token holders. Further, Neuner wrote the relaunched FTX would be “the biggest exchange in the world and users will be made more than whole.”

More interestingly, FTX co-founder and former CEO Sam Bankman-Fried backed Neuner’s idea in the comment section.

“I continue to think that this would be a productive path for parties to explore! I hope that the teams in place will do so.”

– Sam Bankman-Fried said in a tweet.

But the billionaire barely received any support in the comments. “Let’s fix fraud with more fraud,” was one of the replies to SBF’s tweet. Other Twitter users said the move would be nothing more than a Ponzi scheme, while some argued…

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