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Centralized Exchanges

FTX Saga: Key Events and Live Updates

Latest Developments

Updated on an ongoing basis

[1:30 PM EST November 20] FTX discloses its top 50 creditors are owed $3.1 billion. The largest creditor had $226 million with FTX.

[2:30 PM EST November 18] The WSJ reports that SBF sold $300 million worth of FTX shares last year.

[9:00 AM EST November 18] Genesis Capital bankruptcy may be on the table, while DCG could be insulated. The story continues to develop.

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Dustin was previously the Enterprise research director at Messari. He has a broad focus across crypto with a particular interest in AI x Crypto, Consumer financialization, DeFi, and general infrastructure.

Tom is a Sr. Research Analyst at Messari. His primary focus is on Layer-1's as well as the relationship between traditional finance and crypto. Prior to joining Messari, Tom worked in Investment Consulting at Meketa and Investment Management at SSGA. Tom studied Finance at Bentley University and earned his CFA and CAIA Charters.

Mentioned Assets
Outline
  • Latest Developments
  • Key Event Timeline
  • How Did This Happen
  • Key Open Questions
Authors
Dustin was previously the Enterprise research director at Messari. He has a broad focus across crypto with a particular interest in AI x Crypto, Consumer financialization, DeFi, and general infrastructure.
Tom is a Sr. Research Analyst at Messari. His primary focus is on Layer-1's as well as the relationship between traditional finance and crypto. Prior to joining Messari, Tom worked in Investment Consulting at Meketa and Investment Management at SSGA. Tom studied Finance at Bentley University and earned his CFA and CAIA Charters.
Mentioned Assets