FTX
FTX was a cryptocurrency trading platform founded by Sam Bankman-Fried.
History
Founding
FTX was launched in May 2019.1)
On May 13, 2021, FTX announced the appointment of Brett Harrison as President operations in the United States.2)
In February 2022, FTX launched the Future Fund under the FTX Foundation banner.3)
Organization
Personnel
| Name | Position | Notes |
|---|---|---|
| Noah Dummett | Trader4) | - |
| Brett Harrison | President of FTX.US | Met Sam Bankman-Fried as a co-worker at Jane Street Capital5) |
Investors
Subsidiaries
FTX's corporate structure was complex, with a vast network of over 100 corporate entities.10) Those subsidiaries include:
-
- Alameda Global Services
- Alameda Research Holdings
- FTX
- FTX Canada
- FTX Certificates
- FTX Crypto Services
- FTX Digital Assets
- FTX Digital Holdings Singapore
- FTX EMEA
- FTX Equity Record Holdings
- FTX EU
- FTX Europe
- FTX Exchange
- FTX Gibraltar
- FTX Hong Kong
- FTX Japan
- FTX Lend
- FTX Marketplace
- FTX Products Singapore
- FTX Property Holdings
- FTX Services Solutions
- FTX Structured Products
- FTX Switzerland
- FTX Trading
- FTX Turkey
- FTX US Services
- FTX US Trading
- FTX Zuma
-
- LedgerPrime Bitcoin Yield Enhancement Fund
- LedgerPrime Bitcoin Yield Enhancement Master Fund
- LedgerPrime Digital Asset Opportunities Fund
- LedgerPrime Digital Asset Master Fund
- LedgerPrime Ventures
-
- Quoine India
- Quoine Vietnam
-
- West Realm Shires Financial Services
- West Realm Shires Services
1)
FTX Celebrates Two-Year Anniversary. (2021, May 10). PR Newsire. https://www.prnewswire.com/news-releases/ftx-celebrates-two-year-anniversary-301288001.html
2)
West Realm Shires Services Inc. (2021, May 13). FTX.US Appoints Brett Harrison As President. PR Newswire. https://web.archive.org/web/20230324010936/https://www.prnewswire.com/news-releases/ftxus-appoints-brett-harrison-as-president-301291096.html
3)
Salvo, M. D. (2022, February 28). FTX Pledges Up to $1 Billion for Philanthropic Fund to “Improve Humanity.” Decrypt. https://decrypt.co/94045/ftx-1-billion-philanthropic-future-fund-improve-humanity
4)
, 6)
McMahon, K., & Huang, V. G. (2021, December 28). Here are 10 of the most surprising little-known facts we learned about the 29-year-old crypto billionaire Sam Bankman-Fried after months speaking to his closest friends, family, and colleagues. Business Insider. http://archive.today/2021.12.29-014820/https://www.businessinsider.com/crypto-trading-billionaire-sam-bankman-fried-ftx-alameda-surprising-facts-2021-12
5)
Rennison, J., Yaffe-Bellany, D., & Goldstein, M. (2023, February 21). “Effective Altruism” Led Bankman-Fried to a Little-Known Wall St. Firm. The New York Times. http://archive.today/2023.02.22-010711/https://www.nytimes.com/2023/02/21/business/bankman-fried-altruism-jane-street.html
7)
Our Companies. Race Capital. Retrieved June 27, 2022, from https://archive.ph/8ZbLb
8)
Buck Stash - Investments, Portfolio & Company Exits. Crunchbase. Retrieved April 12, 2023, from https://www.crunchbase.com/organization/buck-stash/recent_investments
9)
Portfolio. SoftBank Vision Fund. Retrieved May 5, 2023, from https://web.archive.org/web/20230505171511/https://visionfund.com/portfolio
10)
Nover, S., Shendruk, A., & DiCamillo, N. (2022, November 17). The scrollable, annotated, incredibly complex org chart of FTX and Sam Bankman-Fried’s fallen empire. Quartz. https://archive.ph/ly5CW