Sam Bankman-Fried
Sam Bankman-Fried.
  • FTX is considering proposals from three bidders to relaunch the crypto exchange, Bloomberg reported.
  • An investment banker working with the company said it will make a decision by mid-December.
  • Selling or relaunching the platform could be key to reimbursing customers.

FTX, which dramatically imploded last November, is considering three bids to restart the crypto exchange, Bloomberg reported.

Kevin Cofsky, an investment banker working with FTX, said in a Delaware court hearing that the company will make a decision about how to proceed by mid-December, per Bloomberg.