FTX

FTX was a cryptocurrency exchange that collapsed in 2022 after it was revealed that customer funds were improperly transferred to and used by its sister trading firm, Alameda Research.

Why it’s in the news: It remains in the news due to ongoing legal proceedings against its founder and executives, as well as the aftermath and restructuring of the company.

Latest on FTX

• 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

5 entities linked to FTX across the news graph.