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Company

FTX

Filtered to Leadership & Hiring ×
513 articles decelerating

Sam Bankman-Fried’s 25-year sentence turned FTX coverage from a 2022 collapse story into a long-running reckoning over fraud, bankruptcy and appeals.

Who they are

FTX was a crypto exchange whose 2022 collapse became a defining industry failure, tying its coverage to alleged customer-fund diversion to affiliated trading firm Alameda Research, the criminal case against co-founder Sam Bankman-Fried, and an unusually complex bankruptcy.

The recent arc

Coverage reached its clear peak in 2022Q4 as FTX halted withdrawals, Binance signed a non-binding proposal to acquire FTX.com amid its liquidity crisis, the Bahamas regulator disputed an FTX statement on local withdrawals, and more than $600 million in crypto left company wallets in a reported hack. The story then shifted from a fast-moving corporate failure to prosecution and court-supervised unwinding: the SEC alleged Bankman-Fried had concealed the diversion of customer funds to Alameda, while former executives including Caroline Ellison, Gary Wang and Nishad Singh became central to the legal fallout.

The next major coverage resurgence came with Bankman-Fried’s conviction in late 2023 and his 25-year sentence in March 2024. More recently, reporting has centered on the afterlife of that case rather than a revived exchange: FTX prepared an initial creditor payment from cash collected in bankruptcy, disputes included Three Arrows Capital’s enlarged claim, and 2026 headlines followed Bankman-Fried’s unsuccessful new-trial efforts, pardon application and failed bid to overturn his conviction. Caroline Ellison’s release after roughly 14 months added another closing-stage legal development.

The tension

The central tension is between FTX’s collapse as an exchange failure and the allegation that it was enabled by intertwined control with Alameda Research. Binance figured prominently at the point of crisis through its proposed, ultimately conditional rescue, while subsequent coverage has tested whether bankruptcy recoveries, creditor claims and criminal accountability can repair damage from weak records and corporate controls.

Why it matters

FTX remains a reference point for crypto-market stress and governance risk, including comparisons to Coinbase’s post-FTX performance. If creditor distributions and appeals continue to dominate, the case will matter less as a functioning-company narrative than as a test of how much value can be recovered, and how convincingly the legal system can resolve accountability, after a major crypto intermediary fails; the remaining uncertainty is in claims resolution and the durability of the convictions.

FTX's coverage arc is one of the corpus's most compressed boom-bust cycles: from 4 articles in Q1 2021 to 131 in Q4 2022, when Sam Bankman-Fried's exchange collapsed amid revelations of commingled customer funds. The November 2022 implosion generated 108 related articles, making it the corpus's biggest crypto story and one of the most concentrated coverage events on record. Bankman-Fried appears in 107 co-occurrences, with Binance (63), Alameda Research (47), and Bahamas (39) forming the narrative triangle around FTX's rapid rise and catastrophic fall. Coverage declined to 19 articles in Q1 2023 as the story shifted from breaking news to legal proceedings, then dropped to single digits as Bankman-Fried's trial concluded with his conviction and 25-year sentence. FTX now appears primarily in crypto regulatory discussions as a cautionary tale, with recent headlines focused on bankruptcy proceedings and customer fund recovery efforts.

FTX has appeared in 513 articles since 2020-08. Coverage peaked in 2023Q4 with 36 articles. Frequently mentioned alongside Sam Bankman-Fried, Alameda, SBF, Binance.

Articles
513
mentions
Velocity
-20.0%
growth rate
Acceleration
-0.867
velocity change
Sources
46
publications

Coverage Timeline

2024-07-13
Fortune 1 related

A look at the rise and fall of Jump Crypto and former President Kanav Kariya, and Jump's involvement in some of crypto's biggest scandals, like FTX's collapse

The Zoom meeting at Jump Crypto was always running.  And in May 2021, a scrum of employees was on the screen, discussing a mounting crisis.

2023-09-15
Bloomberg 8 related

How Joseph Bankman and Barbara Fried, both renowned Stanford scholars, opened doors for their son, Sam, and provided a halo effect for FTX before its implosion

2023-09-14
Bloomberg 2 related

How Joseph Bankman and Barbara Fried, both renowned Stanford scholars, opened doors for their son, Sam, and provided a halo effect for FTX before its implosion

Joseph Bankman and Barbara Fried, both renowned Stanford scholars, opened doors for their son and provided a halo effect for his company.

2023-07-20
New York Times 1 related

Caroline Ellison's private Google docs detail her thoughts before FTX's collapse, including doubts over running Alameda and her breakup with Sam Bankman-Fried

Ms. Ellison, a top executive in Sam Bankman-Fried's business empire, recorded her thoughts on private Google documents that offer …

2023-07-19
Bloomberg 6 related

Sources: former FTX COO Zhe “Constance” Wang has joined crypto VC firm Sino Global Capital; Wang has not been accused of wrongdoing in FTX or Alameda's collapse

- Wang worked at Credit Suisse and Huobi before joining FTX  — Wang held COO position at FTX up until the exchange collapsed

2023-07-15
TechCrunch 1 related

Creator monetization platform Fanhouse agrees to sell to rival Passes, which only launched in December 2022, but some creators are apprehensive about the merger

if you do, it will be a secure transfer - Fanhouse will continue to run until the transition and will continue to run for some time after Lucy Guo / @lucy_guo : For those worried about their livelihoo...

2023-02-16
Bloomberg 1 related

A profile of FTX co-founder and CTO Gary Wang, a roommate to Sam Bankman-Fried at MIT who is cooperating with the US, as insiders say he may have key insights

They'd come a long way together, from teenage mathletes to MIT frat brothers to crypto billionaires.

2023-02-06
Wall Street Journal 2 related

A profile of Sam Bankman-Fried's psychiatrist Dr. George Lerner, hired as a coach at FTX in early 2022, as prosecutors seek his communications with executives

Wall Street Journal :

2023-01-19
Wall Street Journal 6 related

In his first interview, FTX CEO John Ray says he has set up a task force to explore restarting the exchange, saying customers praised its technology, and more

In his first public interview since taking over the failed cryptocurrency exchange, John J. Ray III said that he's open to the idea of rebooting operations

2022-12-15
Bloomberg 5 related

Internal FTX documentation shows a GitHub account bearing the name of engineering director Nishad Singh authored code to hide Alameda's ballooning liabilities

A GitHub account bearing the name of former FTX executive Nishad Singh authored code that hid Alameda Research's ballooning liabilities …

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Quarterly Coverage

Top Sources

Narrative

FTX has appeared in 536 tech news articles since August 2020, making it one of the most-covered entities in the archive. The biggest stories include The Securities Commission of The Bahamas says it didn't order FTX to reopen withdrawals... and A jury finds Sam Bankman-Fried guilty on all seven counts of fraud and money laundering.... Frequently covered alongside Sam Bankman-Fried, SBF, Binance, Alameda Research, and FTT. Coverage has shifted toward regulation, consumer themes and away from developer.

Key Moments

2024Q2safety -16pts; funding +23pts; competition +11pts
2024Q3enterprise -22pts; developer -11pts; consumer -11pts
2024Q4enterprise +22pts; developer +8pts; research +8pts

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