A cryptocurrency exchange founded in 2019 that collapsed in November 2022 amid a liquidity crisis and revelations of misuse of customer funds. Its failure led to bankruptcy proceedings and criminal convictions of its leadership.
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- FTX was a cryptocurrency exchange founded by Sam Bankman-Fried in 2019 and based in the Bahamas. At its peak it was among the largest exchanges by trading volume and offered spot and derivatives trading.
- In November 2022 the exchange faced a sudden withdrawal crisis and filed for bankruptcy after it emerged that customer funds had been improperly used. Bankman-Fried was subsequently convicted of fraud and related charges in 2023.