Did FTX employees know that it was insolvent?

2023 © Wikiask
Main topic: Tech
Other topics: Crypto, FTX
Short answer:

According to Coindesk, the only ones who knew were:

  • CEO and co-founder Sam Bankman-Fried
  • CTO and co-founder Gary Wang
  • Director of Engineering Nishad Singh
  • Alameda Research CEO Caroline Ellison
  • Coindesk report identified 4 key co-founders and employees who knew about FTX's insolvency.[1]
  • Former head of sales denied he or anyone in his team knew.[2][3]
    • Amy Wu, who headed FTX Ventures, also denied any wrongdoing.



    1. Wang, Tracy (2022-11-10). "Bankman-Fried's Cabal of Roommates in the Bahamas Ran His Crypto Empire – and Dated. Other Employees Have Lots of Questions". www.coindesk.com. Retrieved 2022-11-11.
    2. "FTX's head of institutional sales resigns, says team was 'completely in the dark' about insolvency". The Block. Retrieved 2022-11-11.
    3. twitter.com https://twitter.com/AutismCapital/status/1590923422594629632. Retrieved 2022-11-11. Missing or empty |title= (help)
    4. twitter.com https://twitter.com/amytongwu/status/1590420256102952962. Retrieved 2022-11-11. Missing or empty |title= (help)