Timeline of Events

A timeline outlining key moments, and milestones for this wiki

Date Founded

1st April 2019

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

$1 Billion Venture Raised

1st July 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

1st September 2021

$420 Million Series B Raise

1st October 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

1st September 2022

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

CEO Stepped Down Due To Bankruptcy

1st November 2022

CEO Sam Bankman-Fried's Arrest

1st December 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

1st July 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

1st August 2023

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

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