Timeline of Events
A timeline of events for this wiki
Date Founded
April 1, 2019
FTX was founded by Sam Bankman-Fried & Gary Wang in April 2019
$1 Billion Venture Raised
July 1, 2021
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
September 1, 2021
In September 2021, FTX moved its headquarters from Hong Kong to The Bahamas
$420 Million Series B Raise
October 1, 2021
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
September 1, 2022
On September 27, 2022, FTX.US President Brett Harrison announced he would be stepping down
CEO Stepped Down Due To Bankruptcy
November 1, 2022
FTX filed for bankruptcy in November 2022
CEO Sam Bankman-Fried's Arrest
December 1, 2022
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
July 1, 2023
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
August 1, 2023
On August 1, 2023, FTX confirmed its plans to relaunch the exchange