Timeline of Events

A timeline of events for this wiki

FTX

Date Founded

April 1, 2019

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

https://www.linkedin.com/company/ftx/

$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

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