The Rise and Fall of FTX: Understanding the Cryptocurrency Exchange

By Drift Striker · February 19, 2026

In the rapidly evolving world of cryptocurrency, few stories have been as dramatic as the rise and fall of FTX, once hailed as a pioneering exchange. Founded in 2019 by Sam Bankman-Fried, FTX quickly gained prominence for its innovative trading products and aggressive marketing campaigns. However, in November 2022, the exchange’s financial instability came to […]