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Finance
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|Trading Week 2023
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A Year After Sam Bankman-Fried's Downfall, Solana and Other FTX Holdings Are Flying High

The FTX founder's downfall began on Nov. 2, 2022 – a year ago Thursday – when CoinDesk published a big scoop. Jurors are poised to begin deliberating his fate on the anniversary of that story, at a time when the SOL tokens FTX owns just got $1 billion more valuable.

By Ian Allison, Nick Baker|Edited by Marc Hochstein
Updated Nov 6, 2023, 6:17 p.m. Published Nov 2, 2023, 12:00 a.m.
FTX looks poised to recover a surprisingly high amount for creditors, a year after Sam Bankman-Fried was undone by a CoinDesk scoop (Adobe Firefly)
FTX looks poised to recover a surprisingly high amount for creditors, a year after Sam Bankman-Fried was undone by a CoinDesk scoop (Adobe Firefly)