FTX Price: What Happened, Why It Matters, and What’s Left

When the FTX price, the trading value of the now-defunct cryptocurrency exchange FTX. Also known as FTX.com, it once stood as one of the biggest names in crypto before vanishing overnight. FTX wasn’t just another exchange—it was a brand backed by celebrity ads, massive marketing, and a CEO who looked like the future of finance. Then, in November 2022, it all fell apart. No warning. No slow decline. Just a bank run that turned into a total implosion. The FTX price didn’t just drop—it hit zero. And with it, billions in customer funds disappeared.

What killed FTX wasn’t just bad luck. It was a system built on lies. Customer money was secretly moved to Alameda Research, a trading firm owned by FTX’s founder, Sam Bankman-Fried. That’s not just risky—it’s theft. Regulators later called it one of the largest financial frauds in history. The Sam Bankman-Fried, the former CEO of FTX who was convicted of fraud and conspiracy. Also known as SBF, he now faces decades in prison. Meanwhile, the crypto exchange failure, the collapse of a major digital asset platform that results in user fund losses. Also known as exchange bankruptcy, it became a turning point for the whole industry. After FTX, exchanges had to prove they weren’t hiding behind fake audits. Regulators woke up. Countries like the U.S. and EU rushed to tighten rules. Even the most casual crypto user started asking: "Is my exchange actually safe?"

Today, the FTX price is meaningless because FTX doesn’t exist anymore. But its ghost still haunts crypto. New exchanges now show real reserve proofs. Users demand transparency. Airdrops and token launches are scrutinized harder. And every time someone says "it’s different this time," you can bet someone’s checking the balance sheet. The FTX collapse didn’t kill crypto—it exposed the weak spots. And that’s why this story still matters. Below, you’ll find real cases of other failed platforms, scam alerts, and lessons from exchanges that made the same mistakes. This isn’t history. It’s a warning label.