A comprehensive timeline of everything you need to know about FTX, Sam Bankman-Fried and Caroline Ellison

The chances you haven’t at least heard of the FTX crash and the chaos that emerged in wake of the collapse surrounding its ex-CEO Sam Bankman-Fried are practically zero, but with so much coverage, and many reports just paraphrasing one another, it’s difficult to keep track of what’s actually been happening in the last month and a half.

The goal of this article is to present an easy-to-follow, fact-based timeline highlighting the most important events in the story starting with the very beginning, by briefly covering the reason for the collapse.

November 2 2022: CoinDesk Reports on Leaked Balance Sheet

It pretty much all started once Coindesk published insider information into FTXs financials, which clearly showed that:

• FTX and its sister company Alameda Research are working too closely and had access to each other’s finances.
• FTX had over $8 billion in liabilities, and its reserves were mostly in illiquid or locked assets.
• Alameda’s main reserve ($3.6 billion) were actually just FTT tokens.

This remained initially un-addressed by both Caroline Ellison(now ex) CEO of Alameda…