Skybridge Founder: FTX Cannot Restart, Gensler is a "Malicious Regulator"

ChainCatcher news, according to The Block, Skybridge founder Anthony Scaramucci stated in an interview that FTX is unlikely to restart, as any exchange's restart process requires the support of creditors and bankruptcy judges. A more plausible scenario is that FTX will sell its software and licensing rights and reopen under a new brand.

Additionally, Scaramucci warned that Securities and Exchange Commission Chairman Gary Gensler is a "malicious regulator," and his stance on the crypto industry could push more business overseas. (Source link)