Kraken co-founder questions the feasibility of FTX 2.0, believing that the reboot plan may be worse than starting from scratch

ChainCatcher news, Kraken co-founder Jesse Powell stated that the FTX 2.0 reboot plan for the bankrupt crypto exchange platform FTX will be worse than starting from scratch. He pointed out that FTX 2.0 has no team, no technology, no licenses, no banking partnerships, and the brand is already damaged. He suggested that the trustee should auction the domain name and trademark to the highest bidder. Anything else is just an exploitation of delusional creditors.