Difference between revisions of "Timeline of FTX"
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| 2022 || September 28 || Notable transaction || A massive transfer of 173 million FTT tokens worth over 4 billion USD occurs on this day. After the collapse of FTX in November, researcher Lucas Nuzzi would identify this transfer as a massive bailout from FTX for Alameda Research.<ref name=LucasNuzzi/> | | 2022 || September 28 || Notable transaction || A massive transfer of 173 million FTT tokens worth over 4 billion USD occurs on this day. After the collapse of FTX in November, researcher Lucas Nuzzi would identify this transfer as a massive bailout from FTX for Alameda Research.<ref name=LucasNuzzi/> | ||
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| − | | September 30 | + | | 2022 || September 30 || || Adam Cochran publishes a 22-tweet thread starting with the following tweet: {{quote|So ETH OI has been overall down recently, but on FTX it's at all time highs (1.2M ETH) and in this low liquidity environment ETH has seemingly split with the macros and tried to defend aggressively around that 1200-1300 range. |
That bid is often led on FTX.}} Cochran concludes that someone institutional is very leveraged in a large position on FTX, likely some sort of staked ETH hedge.<ref>{{cite web|author=Adam Cochran |title=So ETH OI has been overall down recently, but on FTX it's at all time highs |url=https://twitter.com/adamscochran/status/1575844056806350849 |website=Twitter |access-date=18 November 2022 |language=en|archive-url=https://web.archive.org/web/20220930151106/https://twitter.com/adamscochran/status/1575844056806350849|archive-date=September 30, 2022}}</ref> | That bid is often led on FTX.}} Cochran concludes that someone institutional is very leveraged in a large position on FTX, likely some sort of staked ETH hedge.<ref>{{cite web|author=Adam Cochran |title=So ETH OI has been overall down recently, but on FTX it's at all time highs |url=https://twitter.com/adamscochran/status/1575844056806350849 |website=Twitter |access-date=18 November 2022 |language=en|archive-url=https://web.archive.org/web/20220930151106/https://twitter.com/adamscochran/status/1575844056806350849|archive-date=September 30, 2022}}</ref> | ||
Revision as of 21:29, 21 November 2022
This page is about a topic potentially related to FTX, Alameda Research, Sam Bankman-Fried, or the FTX Future Fund. Other content on this wiki has been compensated by the Future Fund Regranting Program that used funds from the FTX Future Fund. These funds likely came from the FTX Foundation that was funded partly or wholly by money made by FTX, Alameda Research, or Sam Bankman-Fried. As such, there is a theoretical possibility of conflict of interest.
View all pages with possible conflicts of interest due to funding from Future Fund Regranting Program | View pages work on which was to be funded by the Future Fund Regranting Program
This is a timeline of FIXME.
Contents
Sample questions
The following are some interesting questions that can be answered by reading this timeline:
Big picture
| Time period | Development summary | More details |
|---|
Full timeline
| Year | Month and date | Event type | Details |
|---|---|---|---|
| 2022 | August 24 | Resignation | Alameda Research co-CEO Sam Trabucco announces his resignation on Twitter, leaving co-CEO Caroline Ellison as the sole CEO, and announces he will remain in the capacity of adviser. Trabucco tweets: I guess that's about it. My time at Alameda has been the most formative of my life. I've learned how to think, I've found out how far I can push myself, and I've been gifted the incredible experience of being in the trenches with lifelong friends -- and *winning*.[1] |
| 2022 | September 21 | FTX negotiates with potential investors to raise up to US$1 billion in new funding that would keep the company’s valuation at roughly $32 billion. Investors include Singapore’s Temasek Holdings, SoftBank Vision Fund 2 and Tiger Global Management.[2] | |
| 2022 | September 27 | Resignation | FTX.US President Brett Harrison announces his resignation, with his role be replaced by Zach Dexter, the CEO of FTX's U.S. derivatives unit.[3] Harrison tweets: I’m stepping down as President ofAfter the FTX collapse, it would be found that his resignation happened one day before a massive transfer of FTT tokens occured from FTX to Alameda Research. |
| 2022 | September 28 | Notable transaction | A massive transfer of 173 million FTT tokens worth over 4 billion USD occurs on this day. After the collapse of FTX in November, researcher Lucas Nuzzi would identify this transfer as a massive bailout from FTX for Alameda Research.[5] |
| 2022 | September 30 | Adam Cochran publishes a 22-tweet thread starting with the following tweet: So ETH OI has been overall down recently, but on FTX it's at all time highs (1.2M ETH) and in this low liquidity environment ETH has seemingly split with the macros and tried to defend aggressively around that 1200-1300 range.Cochran concludes that someone institutional is very leveraged in a large position on FTX, likely some sort of staked ETH hedge.[6] | |
| 2022 | October | It is reported that FTX was under investigation in Texas for allegedly selling unregistered securities. |
Meta information on the timeline
How the timeline was built
The initial version of the timeline was written by FIXME.
Funding information for this timeline is available.
Feedback and comments
Feedback for the timeline can be provided at the following places:
- FIXME
What the timeline is still missing
- https://www.youtube.com/watch?v=2D5PcagsgDQ
- https://www.youtube.com/watch?v=LWq77i9mIRE
- Now-deleted Sequoia profile of FTX covers a lot of details about how it was founded
- https://forum.effectivealtruism.org/posts/KBw6wKDbvmqacbB5M/crypto-markets-ea-funding-and-optics
- https://80000hours.org/stories/sam-bankman-fried/
- https://www.youtube.com/watch?v=vc5HXxxwMrg&t=945s
Timeline update strategy
See also
External links
References
- ↑ Sam Trabucco. "I guess that's about it". Twitter. Archived from the original on November 16, 2022. Retrieved 15 November 2022.
- ↑ Rooney, Kate. "FTX in talks to raise up to $1 billion at valuation of about $32 billion, in-line with prior round". CNBC. Retrieved 12 November 2022.
- ↑ Ligon, Nelson Wang and Cheyenne (27 September 2022). "Crypto Exchange FTX.US President Brett Harrison Stepping Down". www.coindesk.com. Retrieved 15 November 2022.
- ↑ Brett Harrison. "I'm stepping down as President of @FTX_Official". Twitter. Archived from the original on October 5, 2022. Retrieved 15 November 2022.
- ↑ Cite error: Invalid
<ref>tag; no text was provided for refs namedLucasNuzzi - ↑ Adam Cochran. "So ETH OI has been overall down recently, but on FTX it's at all time highs". Twitter. Archived from the original on September 30, 2022. Retrieved 18 November 2022.
