News21 November

Ripple, may buy back some of the assets of cryptocurrency exchange FTX

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The project, known for court cases with major regulators, said it is possible to buy back some of the assets of the collapsed Sam Bankman-Fried exchange.

This came to light from Ripple's CEO, Brad Garlinghouse. According to him, he was contacted by the former head of the infamous crypto exchange FTX. 

He asked Ripple's CEO for a favor related to supporting FTX, which, as we know, has been facing severe financial problems. Also, according to Brad, the guys discussed several options and scenarios for buying the exchange's assets.

However, this whole buying epic could take a very long time because FTX filed for bankruptcy in early November. We will keep you informed.

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