PANews reported on November 15 that according to Foxbusiness, citing people familiar with the matter, the US securities trading platform IEX may purchase FTX technology as a bankruptcy trustee, and IEX is trying to buy back the company's shares held by FTX. Previously, IEX had considered establishing a joint venture with SBF to establish a new crypto trading platform that clearly complies with the standards of the US Securities and Exchange Commission (SEC).

People familiar with the matter said that the IEX and FTX teams presented the outline of their ideas to SEC Chairman Gary Gensler and senior SEC officials, questioning whether existing SEC rules apply to their new ventures. Gensler was said to be tepid about the proposal, not explicitly ruling it out or saying he would greenlight the deal. IEX executives met with SEC officials until FTX went bankrupt last week.

IEX said in a statement that FTX US's recent Chapter 11 bankruptcy filing has no impact on IEX Group's business. FTX US has made a minority investment in IEX Group and has no affiliation or governance relationship with any IEX operating business. Earlier in April, FTX.US announced an investment in the U.S. stock exchange IEX.