All dates are Coordinated Universal Time (UTC).
Nov. 2 — Reports SBF-founded company held significant amounts of FTT
The saga kicked off on Nov. 2 after reports that a leaked balance sheet from the Sam Bankman-Fried-founded trading firm Alameda Research suggested the company held a significant amount of FTX Token (FTT), the native token of the FTX cryptocurrency exchange.
Nov. 5 — Trackers pick up significant FTT movement to Binance
Nov. 6 — Alameda CEO explains the balance sheet
Nov. 6 — Binance moves to liquidate FTT holdings due to 'recent revelations'
Nov. 6 — Alameda CEO offers to buy Binance’s FTT holdings
Nov. 7 — FTX ‘bank-run’ begins, exchange addresses sluggish withdrawals
Nov. 7 — SBF says ‘assets are fine’, implores CZ to come together
Nov. 7 — CZ refuses Alameda’s over-the-counter deal
Nov. 8 — FTT price and crypto markets start to waiver
Nov. 8 — FTX faces a 'liquidity crunch', moves to sell exchange to Binance
Nov. 8-9 — SBF removes ‘assets are fine’ tweet, FTX websites go dark
Nov. 9 — Binance officially backs out of the agreement
Nov. 9 — Crypto market in a sea of red
Nov. 9 — SBF reportedly tells investors he needs $8B in emergency funding
Nov. 9 — FTX website urges against depositing, unable to process withdrawals
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