Project
FTX
FTX is a bankrupt company that formerly operated a cryptocurrency exchange and crypto hedge fund.
Description sourced from
- Wikipedia
“FTX Trading Ltd., trading as FTX (Futures Exchange), is a bankrupt company that formerly operated a cryptocurrency exchange and crypto hedge fund.”
Named in 6 pieces
CEO Changes
Zac Prince Leaves BlockFi for Real Estate Startup
BlockFi founder Zac Prince posted on X on March 10, 2024, that he was leaving the bankrupt crypto lender, and CoinDesk reported the next day he had joined a real estate tax startup, Re Cost Seg.
Layoffs
Kraken Cuts 1,100 Jobs as Crypto Winter Deepens
Kraken cut about 1,100 jobs, or 30 percent of its workforce, on Nov. 30, 2022, after the collapse of FTX, with CEO Jesse Powell citing slower trading volumes and fewer new clients.
CEO Changes
John J. Ray III Replaces Sam Bankman-Fried at FTX
John J. Ray III became FTX's chief executive at about 4:30 a.m. EST on Nov. 11, 2022 and filed for Chapter 11 that day.
Exits and Removals
Voyager Digital CFO Ashwin Prithipaul Resigns
Voyager Digital said on September 23, 2022, that Chief Financial Officer Ashwin Prithipaul was resigning after four months in the job, with CEO Stephen Ehrlich taking over his duties during the firm's bankruptcy.
Exits and Removals
Sam Trabucco Steps Down as Alameda Research Co-CEO
Sam Trabucco announced on X on Aug. 24, 2022 that he was stepping down as Alameda Research co-CEO, leaving Caroline Ellison as the firm's sole chief executive.
Executive Hires
Alameda Research Names Caroline Ellison Co-Chief Executive
Alameda Research named Caroline Ellison and Sam Trabucco co-chief executive officers on Oct. 12, 2021, as founder Sam Bankman-Fried shifted his time to running FTX.