KEY POINTS
The news about the exchange’s reboot plan pushed the FTT price by 12% to $1.12353 over the last 24 hours
John Ray III spent almost eight hours in April on activities related to the revival of FTX
The new leadership at FTX has not yet officially confirmed that a revival plan is in the works
FTT, the native token of the now-bankrupt crypto empire FTX, saw a double-digit gain amid news of the exchange’s revival plan as suggested in a court filing.