Sam Bankman-Fried

2 entries

Event November 11, 2022 Article

FTX files for bankruptcy — $8 billion in customer funds missing

FTX, the world's second-largest crypto exchange, filed for Chapter 11 bankruptcy. Founder SBF resigned. ~$8B in customer funds had been misappropriated; he was later sentenced to 25 years.

Updated June 2, 2026 Analysis

Lost Bitcoin — Thomas, Howells, QuadrigaCX, Mt. Gox, FTX and the irreversibility lesson

Bitcoin Institute ↔ Stefan Thomas, James Howells, Gerald Cotten, Mark Karpeles, Sam Bankman-Fried

Cross-cutting reading of iconic Bitcoin losses by mechanism: forgotten password (Thomas), physical disposal (Howells), custody-collapse (QuadrigaCX, Mt. Gox, FTX). Tied to Bitcoin's irreversibility.