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TechFlow news: Kraken CEO Jesse Powell tweeted that FTX 2.0 would be worse than starting from scratch—no team, no technology, no licenses, no banking partnerships, and a damaged brand. The trustee should simply auction off the domain name and trademark to the highest bidder. Anything beyond that is just a fee-extraction attack on imaginary creditors.
Kraken CEO Jesse Powell tweeted that FTX 2.0 would be worse than starting from scratch—no team, no technology, no licenses, no banking partners, and a damaged brand. The trustee should simply auction off the domain and trademarks to the highest bidder. Anything beyond that is just a fee-extraction attack on imaginary creditors.
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