Former FTX general counsel Can Sun, who was a key witness at the criminal trial of ex-FTX CEO Sam Bankman-Fried, is launching a new crypto exchange and will serve as its leader.

The Wall Street Journal reported the Dubai-based Trek Labs received a license to operate from the emirate’s crypto regulator last month. Sun is launching the venture with other former staff of FTX, including software developer Armani Ferrante,