Bankrupt FTX’s token valuation rebounds to over $1 billion as customers contest bankruptcy plan
Bankrupt FTX’s native token FTT market capitalization surpassed $1 billion again after a recent decline. Since the cryptocurrency exchange abruptly collapsed following a bank run in November 2022, it only briefly traded over $1 billion toward the end of last year, reaching $1.67 billion before declining back to under $850 million. The recent resurgence can be...