FTX Company

In the everevolving world of digital currencies, few events have had such a profound impact as the collapse of FTX. Authored by Fouad Sabry, this book takes you on an insightful journey into the world of FTX, one of the most significant exchanges in cryptocurrency history, and its dramatic downfall. The book explores the major players, key events, and complex structures that define the intersection of cryptocurrency and financial markets. Perfect for professionals, students, and enthusiasts alike, “FTX” provides a detailed account of the events that shook the financial world, offering invaluable lessons in blockchain technology, finance, and corporate governance.

Chapters Brief Overview:

1: FTX: A deep dive into the rise of FTX, its platform, services, and the key figures who built it.

2: Binance: Explore Binance’s role as FTX’s main competitor and the broader implications for the cryptocurrency market.

3: Caroline Ellison: Delve into the rise and role of Caroline Ellison within FTX and the broader crypto sphere.

4: John J. Ray III: Investigate the critical role of John J. Ray III in managing FTX’s bankruptcy and the lessons learned.

5: Barbara Fried: Understand Barbara Fried’s influence on FTX’s operations and the underlying legal structures.

6: CoinDesk: CoinDesk’s pivotal role in reporting on FTX’s downfall and its impact on the crypto community.

7: Arkham Intelligence: Explore how Arkham Intelligence’s blockchain research and analytics impacted the FTX saga.

8: Fenwick & West: A look into Fenwick & West’s legal role in guiding FTX through its complex financial troubles.

9: BlockFi: The relationship between BlockFi and FTX, and the broader implications of their financial entanglement.

10: Bankruptcy of FTX: An indepth examination of the FTX bankruptcy proceedings and their global financial consequences.

11: Storybook Brawl: An exploration of Storybook Brawl and its unique position within FTX’s broader corporate strategy.

12: Gary Wang (American businessman): Learn about Gary Wang’s cofounding of FTX and his contributions to its innovative platform.

13: Cryptocurrency bubble: A thorough analysis of the cryptocurrency bubble and how it influenced FTX’s rise and fall.

14: Paradigm Operations: Discover how Paradigm Operations played a significant role in shaping the future of cryptocurrency investments.

15: Trial of Sam BankmanFried: A detailed look at the trial of Sam BankmanFried, providing insight into the legal ramifications of the FTX scandal.

16: Joseph Bankman: Explore the influence of Joseph Bankman, the father of Sam BankmanFried, and his connections to the crypto world.

17: Cryptocurrency exchange: A detailed explanation of the mechanics behind cryptocurrency exchanges like FTX, exploring their operations and vulnerabilities.

18: Going Infinite: A discussion of the “Going Infinite” concept and how FTX’s financial models led to its ultimate collapse.

19: Sam BankmanFried: A comprehensive exploration of Sam BankmanFried’s rise to prominence and his role in FTX’s downfall.

20: Alameda Research: Delve into the role of Alameda Research in FTX’s operations and its crucial involvement in the company’s financial unraveling.

21: Sam Trabucco: A close look at Sam Trabucco’s role in FTX, his decisions, and the aftermath of his actions in the cryptocurrency world.

This book isn’t just for cryptocurrency professionals—undergraduate and graduate students will find valuable insights into market behavior, financial collapse, and legal challenges. Enthusiasts and hobbyists will gain a comprehensive understanding of the forces shaping digital currency. The price of this book is a small investment compared to the immense value it offers in understanding the intricate dynamics of the cryptocurrency world.