Timeline of Events

A timeline outlining key moments, and milestones for this wiki

Date Founded

2019-04-01

FTX was founded by Sam Bankman-Fried & Gary Wang in April 2019

$1 Billion Venture Raised

2021-07-01

In July 2021, the venture raised $1 Billion at an $18 billion valuation from 24 investors, including Softbank, Sequoia Capital, and other firms

Headquarters Moved to The Bahamas

2021-09-01

$420 Million Series B Raise

2021-10-01

In October 2021, FTX raised $420.7 Million in a Series B funding round from Ontario Teachers' Pension Plan, Sequoia Capital, etc

FTX.US President Brett Harrison Steps Down

2022-09-01

On September 27, 2022, FTX.US President Brett Harrison announced he would be stepping down

CEO Stepped Down Due To Bankruptcy

2022-11-01

CEO Sam Bankman-Fried's Arrest

2022-12-01

On 13, December 2022, Founder Bankman-Fried was arrested in his apartment in the Bahamas by the Royal Bahamas Police Force

FTX Sues Former CEO SBF

2023-07-01

On July 21, 2023, FTX sued former CEO Sam Bankman-Fried and other former key executives from the crypto exchange to recover more than $1 billion in allegedly misappropriated funds.

Plans to Relaunch

2023-08-01

On August 1, 2023, FTX confirmed its plans to relaunch the exchange