SEC chair’s nod to a lawful FTX revival sparks FTT token’s 90% rally

FTX’s native token FTT surged by almost 90% in the past 24 hours to a nine-month high of $2.33 following the SEC Chair Gary Gensler’s suggestion that the insolvent exchange could be revived under the proper leadership. ‘Do it within the law.’ Gensler advised any potential buyers of the failed crypto firm to ensure that...