FTX – Milestones
Key milestones and important events in FTX 's history.
Showing 9 milestones for FTX
Plans to Relaunch
On August 1, 2023, FTX confirmed its plans to relaunch the exchange
twitter.com/FTX_Official/status/1686206405588443136FTX Sues Former CEO SBF
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.
cointelegraph.com/news/ftx-sues-sam-bankman-fried-other-execs-recoup-one-billionCEO Sam Bankman-Fried's Arrest
On 13, December 2022, Founder Bankman-Fried was arrested in his apartment in the Bahamas by the Royal Bahamas Police Force
www.foxbusiness.com/politics/ftx-founder-sam-bankman-fried-arrested-bahamas-us-expected-request-extradition-authorities-sayCEO Stepped Down Due To Bankruptcy
FTX filed for bankruptcy in November 2022
www.reuters.com/technology/exclusive-behind-ftxs-fall-battling-billionaires-failed-bid-save-crypto-2022-11-10/FTX.US President Brett Harrison Steps Down
On September 27, 2022, FTX.US President Brett Harrison announced he would be stepping down
www.cnbc.com/2022/09/27/crypto-exchange-ftx-is-replacing-its-us-president.html$420 Million Series B Raise
In October 2021, FTX raised $420.7 Million in a Series B funding round from Ontario Teachers' Pension Plan, Sequoia Capital, etc
www.crunchbase.com/organization/ftx-exchange/investor_financialsHeadquarters Moved to The Bahamas
In September 2021, FTX moved its headquarters from Hong Kong to The Bahamas
www.reuters.com/technology/exclusive-behind-ftxs-fall-battling-billionaires-failed-bid-save-crypto-2022-11-10/$1 Billion Venture Raised
In July 2021, the venture raised $1 Billion at an $18 billion valuation from 24 investors, including Softbank, Sequoia Capital, and other firms
www.crunchbase.com/organization/ftx-exchange/investor_financialsDate Founded
FTX was founded by Sam Bankman-Fried & Gary Wang in April 2019
www.linkedin.com/company/ftx/