The FTX collapse occurred two years ago, but for most cryptocurrency investors, it remains a difficult memory to forget, especially for those victims who lost their cryptocurrencies. However, as the main factors behind the collapse face consequences, things are returning to normal, so the price of FTX tokens is starting to strengthen. Interestingly, due to trading volume skyrocketing by 450% in the past 24 hours, FTT price surged by 12%.

Why did FTT trading volume rise to $161.31 million after increasing by 450%?
As Sam Bankman and his accomplice Caroline Ellison begin serving prison time, the FTX exchange has welcomed new leadership. Over the past two years, things have been moving in favor of creditors as the company focuses on restoring its reputation, but first, it must develop a repayment plan for the victims.