Odaily News FTX User Alliance FTX 2.0 Coalition issued a statement on the About $13 billion. Note: The fake horse bidding refers to the initial public bidding acquisition action proposed by the buyer selected by the company filing for bankruptcy protection. The fake horse bid is used as a starting price or the lowest price acceptable to the seller, and other potential acquirers must bid higher if they want to successfully acquire the property. Previously, Fortune magazine reported that FTX has contacted at least more than 75 bidders since May 2023 to evaluate the possibility of relaunching the exchange, according to a stakeholder briefing released on Monday. According to the filing, the deadline for bidding for FTX 2.0 is September 24. The process is intended to consider different potential structures, including acquisitions, mergers, recapitalizations or other transactions to relaunch FTX.com or the FTX US exchange.