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  1. Jun 6, 2024 · FTX was a leading cryptocurrency exchange that went bankrupt in November 2022 amid allegations that its owners had embezzled and misused customer funds. Sam Bankman-Fried, the CEO of the...

  2. en.wikipedia.org › wiki › FTXFTX - Wikipedia

    FTX Trading Ltd., commonly known as FTX (short for "Futures Exchange"), is a bankrupt company that formerly operated a cryptocurrency exchange and crypto hedge fund. [6] [7] The exchange was founded in 2019 by Sam Bankman-Fried and Gary Wang and collapsed in 2022 after massive fraud perpetrated by Bankman-Fried and his partner Caroline Ellison ...

  3. Nov 10, 2022 · The collapse capped days of whiplash for FTX after its rival and the world’s largest crypto exchange, Binance, pulled out of a deal to acquire the company. On Thursday, FTX’s new chief ...

  4. Nov 14, 2022 · In less than a week, the cryptocurrency billionaire Sam Bankman-Fried went from industry leader to industry villain, lost most of his fortune, saw his $32 billion company plunge into...

  5. Nov 28, 2022 · FTX, one of the world’s largest cryptocurrency exchanges, collapsed with stunning speed this month. A run on deposits left the company owing customers $8 billion, setting off a chain of events...

  6. Wondering about the massive crypto debacle of FTX and its wunderkind former CEO Sam Bankman-Fried? NBC News breaks down what happened and why it matters.

  7. Nov 11, 2022 · Embattled cryptocurrency exchange FTX has filed for bankruptcy in the US, seeking court protection as it looks for a way to return money to users.

  8. Mar 28, 2024 · Sam Bankman-Fried, the former CEO of FTX, was a 30-year-old crypto wunderkind who for years garnered goodwill as a philanthropist and leading proponent of industry regulation. Now, his ex-firm is bankrupt and he has been convicted of defrauding investors out of billions of dollars.

  9. May 8, 2024 · Almost all customers of collapsed cryptocurrency exchange FTX will get their money back — and more, according to a court filing. FTX estimates that it owes creditors around $11.2 billion. FTX...

  10. Nov 11, 2022 · Embattled cryptocurrency exchange FTX has filed for bankruptcy in the US, seeking court protection as it looks for a way to return money to users.

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