November 8, 2022
FTX restricted withdrawals amid a bank-run after revelations about Alameda Research’s balance sheet and FTT exposure.
November 11, 2022
FTX Trading Ltd. and dozens of affiliates filed Chapter 11; John J. Ray III took control as new CEO.
July 31, 2026
The FTX Recovery Trust announced a further ~$900M distribution round to eligible creditors under the confirmed plan.
FTX was a centralized cryptocurrency derivatives and spot exchange founded by Sam Bankman-Fried. It offered perpetuals, options, and spot markets to retail and institutional traders globally, and operated FTX.US for U.S. customers, before collapsing into Chapter 11 in November 2022.
No. FTX stopped hiring in November 11, 2022.
On 11 November 2022, FTX Trading Ltd. and affiliated entities filed for Chapter 11 bankruptcy in the U.S. District of Delaware after a liquidity crisis and customer-withdrawal freeze, ending operations of one of the largest crypto exchanges.
No. Browse other crypto companies on SailOnchain.
FTX was founded in 2019.
