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  1. en.wikipedia.org › wiki › FTXFTX - Wikipedia

    FTX Trading Ltd. FTX Trading Ltd., commonly known as FTX (short for "Futures Exchange"), [5] is a bankrupt company that formerly operated a fraud-ridden cryptocurrency exchange and crypto hedge fund. [6] [7] The exchange was founded in 2019 by Sam Bankman-Fried and Gary Wang. At its peak in July 2021, the company had over one million users and ...

  2. May 9, 2024 · FTX had a staggering shortfall at the time of its Chapter 11 filing, holding only 0.1% of the bitcoin and 1.2% of the ethereum that customers believed it held, the company said in an announcement ...

    • andrea.chang@latimes.com
    • Staff Writer
  3. May 8, 2024 · Among FTX’s most attractive assets was a stake in AI start-up Anthropic, whose shares it sold for nearly $900mn this year. FTX said assets converted into cash will total between $14.5bn and $15.8bn.

    • Sujeet Indap
  4. Nov 10, 2022 · FTX filed for bankruptcy at the end of last week, after Binance reversed course on a deal to save the company. The bankruptcy filing on Thursday by Mr. Ray, the new FTX chief, described numerous ...

  5. Major venture capital groups also bought in, investing almost $2 billion in the company. Sam Bankman-Fried, FTX’s 30-year-old founder, became the face of the company and, to some, crypto at large.

  6. The FTX website is not operational. For any claims related questions or inquiries, please visit the FTX Customer Portal at https://claims.ftx.com.

  7. Nov 28, 2022 · FTX, one of the world’s largest cryptocurrency exchanges, collapsed with stunning speed this month. A run on deposits left the company owing customers $8 billion, setting off a chain of events ...

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