[notes/ftx][xs]: bugfix to remove doubled title.
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title: FTX
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title: FTX and the FTX Collapse
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created: 2022-11-15
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# FTX and the FTX Collapse
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FTX was a centralized crypto exchange founded in 2019 by [[Sam Bankman-Fried]] and headquartered in the Bahamas. There was also a US exchange FTX US. FTX and associated entities filed for bankruptcy on 11 Nov 2022. It had been one of the leading and more "blue-chip" crypto exchanges and played a leading role in bail-outs of other firms which had collapsed earlier in 2022.
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## FTX bankruptcy
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