The FTX Reboot That Never Was

Published: March 28, 2024, 7:01 a.m.

In November 2022, FTX, then one of the world\u2019s largest crypto exchanges, collapsed. The company filed for bankruptcy, and criminal cases were opened against its former CEO, Sam Bankman-Fried. He was later convicted of fraud and conspiracy and is set to be sentenced today. But in the aftermath of the collapse, the lawyers and advisers running FTX\u2019s bankruptcy explored the possibility of rebooting the company. WSJ reporter Alexander Osipovich tells host Alex Ossola why that reboot didn\u2019t happen\u2014and why some people say that\u2019s a missed opportunity.\n\n\n\nListening on Google Podcasts? Here's our guide for switching to a different podcast player.\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices