Zane Tackett, the former head of institutional sales at bankrupt cryptocurrency exchange FTX, said via Telegram that FTX should restart and offer tokens that represent creditors’ claims.
Tackett believes that FTX should be resurrected with all the products it offered when it collapsed last November, while adding a marketplace for trading creditors’ claims on the bankrupt company.
Tackett pointed to cryptocurrency exchange Bitfinex, which offered a token called BFX after it was hacked in 2016, as an example of how it would work.
He said the new exchange could, like Bitfinex, provide a market for FTX claims of one token per $1 lost.