A timeline of the collapse at FTX
Release time：2024-05-09 07:35:41 Source：World Wave news portal
FTX, once among the largest cryptocurrency exchanges in the world, said this week that nearly all of its customers will receive the money back that they are owed, two years after its monumental collapse.
FTX said in a court filing late Tuesday that it owes about $11.2 billion to its creditors. The exchange estimates that it has between $14.5 billion and $16.3 billion to distribute to them.
Here is a timeline of what led up to this week’s announcement after an implosion at FTX kicked off what many had expected to become a “crypto winter.”
2022
Nov. 2: Coindesk reports Alameda Reseach, Bankman-Fried’s cryptocurrency trading firm, holds a large amount of FTT, a token issued by FTX, suggesting the finances of the two are intertwined and Alameda faces a cash crunch. The report spooks participants in the crypto market.
Nov. 6: Rival cryptocurrency exchange Binance announces that the firm plans to sell all its holdings in FTT. The price of FTT tanks.
- Previous：Dozens still missing after Monday's South Africa building collapse. 7 confirmed dead
- Next：A timeline of the collapse at FTX
Related articles
- PrettyLittleThing billionaire Umar Kamani and new wife Nada host Disney
- UK's ruling Conservative Party suffers heavy losses in local elections
- 5 years after federal suit, North Carolina voter ID trial set to begin
- Diamondbacks end 3
- PrettyLittleThing billionaire Umar Kamani and new wife Nada host Disney
- Frank Stella, renowned American artist, dies at 87
- 2 women found dead and 5
- Fight to own Britain's biggest mega
- Croatia ruling conservatives will form government with a far
- Zibanejad has 2 goals and 1 assist, Panarin scores as Rangers beat Hurricanes 4
- A cargo plane make an emergency landing at Istanbul Airport after front landing gear fails
- Stock market today: Asian shares track Wall St's advance fueled by cooler jobs data
- The UN nuclear watchdog chief travels to Iran as its monitoring remains hampered
- Were the events depicted in The Train, starring Burt Lancaster, true?
- Another German politician is attacked as concerns rise over violence ahead of EU elections in June
- Javier Assad pitches 6 innings as Cubs blank Brewers 5
- Holocaust survivors join candlelight vigil for the National Holocaust Commemoration in London
- I was 18 when I developed a niggling headache at work
- Maradona’s missing trophy has resurfaced and will be auctioned in Paris
- Mourners gather at Daniel Anjorin vigil where 14
Random recommendation
- Copyright © 2024 Powered by A timeline of the collapse at FTX ,World Wave news portal sitemap