May 1, 2019 — FTX Was Founded
FTX was founded in May 2019 and filed for bankruptcy in November 2022 — just three and a half years later. In between, founder Sam Bankman-Fried became a billionaire, the exchange attracted millions of users, and its leadership used customer funds for their own investments. Bankman-Fried was sentenced to 25 years in prison.
May 1