On Thursday, FTT pumped over 100% at the news that FTX may reo | Mayank Kharayat Crypto

On Thursday, FTT pumped over 100% at the news that FTX may reopen.

The crypto markets underwent a spike at the news that the  FTX may make a partial comeback. FTX Token (FTT) pumped over 100% following the wholly unanticipated reports. FTT is the native token of the FTX ecosystem.

According to FTX’s attorney, Andy Dietderich of the law firm Sullivan & Cromwell, at a U.S. bankruptcy court hearing on Wednesday, bankrupt crypto exchange FTX has recovered cash and crypto assets worth over $7.3 billion.