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CDCROP: Annotated chart of the 162-asset CoinDesk Market Index (CMI) over the course of the FTX and Alameda saga. (CoinDesk Indices and Research/Sage D. Young)
The Epic Collapse of Sam Bankman-Fried's FTX Exchange: A Crypto Markets Timeline
Tracing the CoinDesk Market Index (CMI) through key news developments in the swift unraveling of billionaire Sam Bankman-Fried's crypto empire shows just how quickly the speculation kept shifting.
CDCROP: Annotated chart of the 162-asset CoinDesk Market Index (CMI) over the course of the FTX and Alameda saga. (CoinDesk Indices and Research/Sage D. Young)

CDCROP: The CoinDesk Market Index (CMI) fell 3% amid news that crypto exchange FTX filed for bankruptcy. (CoinDesk)
Bitcoin Slides Anew After FTX Bankruptcy Filing
The CoinDesk Market Index (CMI) dropped 3.3% during early U.S. trading hours on Friday.
CDCROP: The CoinDesk Market Index (CMI) fell 3% amid news that crypto exchange FTX filed for bankruptcy. (CoinDesk)

CDCROP: Photo of FTX website (Rob Mitchell/CoinDesk)
FTX Suspends Customer Signups After Widespread Criticism
The crypto exchange is facing an acute liquidity crisis.
CDCROP: Photo of FTX website (Rob Mitchell/CoinDesk)

The price of bitcoin (BTC) dropped to $15,625 on Wednesday, the lowest since November 2020. (Source: CoinDesk)
Bitcoin Hits 2-Year Low Below $16K After Binance Backs Out of FTX Deal
Bitcoin's price fell as low as $15,625 Wednesday. It was the first time the largest cryptocurrency has fallen below $16,000 since November 2020. The BTC price was down 14% on the day, the biggest plunge in almost five months.
The price of bitcoin (BTC) dropped to $15,625 on Wednesday, the lowest since November 2020. (Source: CoinDesk)

CDCROP: Cracked Egg (CraftyPease/Pixabay)
Crypto Fund Alameda's Ethereum Wallet Holdings Slumped 50% Since October
On-chain analysis shows Alameda has a $3 million debt spread over several Ethereum addresses.
CDCROP: Cracked Egg (CraftyPease/Pixabay)

CDCROP: Man with his head down on his laptop facing the Agony of Defeat (Getty Images)
'Long' Crypto Traders Take on $700M in Losses as Markets Falls on FTX Contagion Fears
Crypto market capitalization fell 8.8% in the past 24 hours, data shows.
CDCROP: Man with his head down on his laptop facing the Agony of Defeat (Getty Images)

CDCROP: BNB Price chart (TradingView)
Binance Exchange's BNB Token Leads Broad Crypto Rebound After FTX Bailout Offer
The exchange token used within the Binance trading environment jumped 20%, leading a broad rebound in crypto markets that had been in free fall over acute speculation that the rival FTX exchange might be facing a rapid run on deposits.
CDCROP: BNB Price chart (TradingView)

CDCROP: FTX Token Chart
FTX Token Plummets on Withdrawal Concerns as Contagion Hits Broader Crypto Markets
The FTT price has declined nearly 14% over the past 24 hours, with Solana's SOL and Serum's SRM taking losses along with bigger cryptocurrencies like bitcoin and ether.
CDCROP: FTX Token Chart

Crypto course (Dall-E/CoinDesk)
Introducing Our First Newsletter Course: Learn Crypto Investing
CoinDesk debuts our free weekly course to help crypto investors and traders level up their skills.
Crypto course (Dall-E/CoinDesk)

CDCROP: JP Morgan building (Shutterstock)
First Mover Asia: FTX's Sam Bankman-Fried Talks Consumer Protection and Crypto Titans Clash
Consumer protection and regulation are key ingredients to transforming digital assets into an asset class worth trillions. The FTX exchange's Sam Bankman-Fried weighs in. Meanwhile, FTX's FTT token takes a dive after rival Binance announces plans to dump its remaining holdings.
CDCROP: JP Morgan building (Shutterstock)