FTX Group

GPTKB entity

Statements (49)
Predicate Object
gptkbp:instanceOf cryptocurrency company
gptkbp:acquiredBy gptkb:Blockfolio
gptkbp:acquisitionYear 2020
gptkbp:CEO gptkb:Constance_Wang
gptkb:Sam_Bankman-Fried
gptkb:Nishad_Singh
gptkbp:filedForBankruptcy 2022
Chapter 11
gptkbp:foundedBy gptkb:Sam_Bankman-Fried
gptkb:Gary_Wang
gptkbp:foundedYear 2019
gptkbp:headquartersLocation gptkb:Nassau,_Bahamas
https://www.w3.org/2000/01/rdf-schema#label FTX Group
gptkbp:industry gptkb:cryptocurrency
gptkbp:notableEvent regulatory investigations
collapse in November 2022
criminal charges against executives
FTT token collapse
Alameda Research insolvency
Caroline Ellison (Alameda CEO) pleaded guilty
FTX Arena naming rights terminated
FTX Digital Markets (Bahamas subsidiary)
FTX Japan, FTX US, FTX Europe subsidiaries
FTX US separate bankruptcy filing
FTX Ventures (venture capital arm)
FTX collapse compared to Enron
FTX collapse triggered crypto market downturn
Gary Wang pleaded guilty
John J. Ray III appointed CEO after bankruptcy
Nishad Singh pleaded guilty
Sam Bankman-Fried arrested in December 2022
Sam Bankman-Fried convicted in 2023
customer claims exceed $8 billion
massive customer fund losses
FTX collapse led to increased crypto regulation discussions
gptkbp:notableInvestment gptkb:SoftBank
gptkb:Sequoia_Capital
gptkb:Tiger_Global_Management
gptkb:Temasek
gptkbp:numberOfEmployees ~300 (2022)
gptkbp:operatedExchange gptkb:FTX
gptkbp:operatedSubsidiary gptkb:Alameda_Research
gptkbp:sponsor gptkb:Major_League_Baseball
gptkb:Mercedes-AMG_Petronas_Formula_One_Team
Miami Heat Arena (FTX Arena)
gptkbp:valuation $32 billion (2022, pre-collapse)
gptkbp:website https://ftx.com
gptkbp:bfsParent gptkb:FTX_Trading_Ltd.
gptkbp:bfsLayer 7