FTX

FTX is a cryptocurrency exchange that collapsed in 2022 after a liquidity crisis revealed it had misused customer funds. It was founded by Sam Bankman-Fried and was once one of the world's largest crypto trading platforms.

Why it’s in the news: It remains in the news due to ongoing legal proceedings against its founder and the continued investigation into its collapse.

Latest on FTX

• FTX, Alameda-linked wallets send $75 million in ether to Wintermute, onchain data shows
• Ex-FTX and Alameda execs get trading bans
• A part of FTX survived, and it’s the case for the CLARITY Act
• Unlike the FTX collapse, the $89 million Coldcard exploit has investors sending bitcoin back to exchanges
• U.S. Senate unanimously opposes clemency for FTX founder Sam Bankman-Fried
• Ex-FTX Executive Rolls Out AI Trading Platform With ‘No-Loss’ Model

Connections

10 entities linked to FTX across the news graph.