At a glance
The Delaware bankruptcy estate reported substantial recoveries and a claims process that, in later public updates, pointed toward high nominal recovery on allowed customer claims. That civil result is separate from the criminal conviction. Operating companies were associated with the Bahamas (and other entities elsewhere). The criminal case was tried in Manhattan. The bankruptcy is in Delaware.
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FTX collapse · Who cooperated?
Caroline Ellison, Gary Wang, and Nishad Singh pleaded guilty and cooperated with the U.S. Attorney for the Southern District of New York. Their pleas and testimony were central to the government's case. A trading firm founded by Bankman-Fried before FTX and still under his control. Prosecutors and cooperators described it as the entity that used FTX customer assets. Ellison was its CEO at the collapse.
FTX collapse · Did customers get money back?
The Delaware bankruptcy estate reported substantial recoveries and a claims process that, in later public updates, pointed toward high nominal recovery on allowed customer claims. That civil result is separate from the criminal conviction. Operating companies were associated with the Bahamas (and other entities elsewhere). The criminal case was tried in Manhattan. The bankruptcy is in Delaware.
FTX collapse · Is the case still a mystery?
The jury found fraud. Open questions are appellate issues, the last bankruptcy distributions, and how much of the 2022 shortfall was price decline versus misuse -- historiography and accounting, not an unsolved disappearance. After March 2024 the live files are appeal and distributions; the jury's 2023 findings are the criminal core.
FTX collapse · Private peak, then stress
FTX is still a high private-market valuation earlier in 2022 as crypto prices fall. Lending and affiliated-firm risk rise in the sector after other failures. On 2 November CoinDesk publishes the Alameda balance-sheet story. Zhao's FTT comments follow. Withdrawals spike.
This is a reading check for the atlas, not personal advice, a live price, or a booking. It does not replace the full topic page.
What is the next question after this?
The jury found fraud. Open questions are appellate issues, the last bankruptcy distributions, and how much of the 2022 shortfall was price decline versus misuse -- historiography and accounting, not an unsolved disappearance. After March 2024 the live files are appeal and distributions; the jury's 2023 findings are the criminal core.
Does this page rank people or nations?
This is a reading check for the atlas, not personal advice, a live price, or a booking. It does not replace the full topic page.
Where is the longer entry?
FTX is still a high private-market valuation earlier in 2022 as crypto prices fall. Lending and affiliated-firm risk rise in the sector after other failures. On 2 November CoinDesk publishes the Alameda balance-sheet story. Zhao's FTT comments follow. Withdrawals spike.
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