Bankrupt FTX is actively pursuing a revival of its crypto exchange Efforts are underway to attract investors for supporting its potential relaunch, possibly by forming a joint venture. The company sought Chapter 11 bankruptcy protection in the US last year. Prior to its collapse, there was a massive outflow of customer funds from the exchange, which strained its liquidity. Its founder Sam Bankman-Fried, is currently facing a criminal lawsuit in the US for alleged fraud.