FTX token jumps 12% after news of possible restart emerges
FTX CEO John Ray spent roughly seven hours on activities related to the exchange restart in April, for which he billed over $8,000.

Track FTX news, including bankruptcy updates, creditor repayments, court rulings, asset recovery, and the lasting impact of the collapse.
Crypto exchange OKX made 16 transactions — which included 10 deposits of $5 million USDT — to the bankrupt firm’s wallet.
Sam Bankman-Fried's lawyers argue that the charges against him "suffer from multiple legal flaws" or were "improperly premised."
The media outlets argued that there was no legal basis to redact the FTX's customer names pursuant to foreign laws.
Law firm Sullivan and Cromwell (S&C) has charged roughly $70 million for five-months of its services to the bankrupt FTX exchange.
Crypto exchange metrics reveal an improvement on the previous quarter — indicating a growing confidence as crypto winter begins to thaw.
FTX wants the court to approve a Key Employee Incentive Plan (KEIP) for seven employees who are critical for its Japanese subsidiary.