John Ray, who became FTX CEO in November 2022, has emphasized the significance of Nishad Singh’s cooperation in the company’s bankruptcy proceedings. Ray believes Singh’s involvement will be crucial in maximizing the recovery of funds for FTX’s creditors. Singh, a former FTX executive, is expected to play a key role in providing valuable insights and information to assist with the bankruptcy process and potentially enhance the chances of recovering assets for those owed money by the embattled cryptocurrency exchange.
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