The collapse year is 2022. The criminal case occupies 2022-2024.
These marks are the ones the trial stipulations and the major wire services agree on.
Timeline
- Alameda Research
Bankman-Fried founds Alameda Research as a crypto trading firm, later the sibling entity at the center of the criminal case.
- FTX founded
The exchange brand launches and grows through 2020-2021 with tokens, sponsorships, and a Bahamas headquarters story.
- Private peak, then stress
FTX is still a high private-market valuation earlier in 2022 as crypto prices fall. Lending and affiliated-firm risk rise in the sector after other failures.
- CoinDesk balance sheet
On 2 November CoinDesk publishes the Alameda balance-sheet story. Zhao's FTT comments follow. Withdrawals spike.
- Chapter 11
On 11 November FTX and affiliates file in Delaware. Ray becomes CEO. Bankman-Fried leaves control of the estate.
- Arrest in Nassau
On 12 December Bahamian authorities arrest Bankman-Fried on a U.S. request. Extradition to the Southern District of New York follows.
- Cooperating pleas begin
Ellison, Wang, and later Singh plead guilty in late 2022 and 2023, collapsing much of the contested 'inner circle' story.
- Trial and verdict
Trial opens in October. On 2 November the jury convicts on all seven counts. Bankman-Fried had testified in his own defense.
- Sentence
On 28 March Kaplan imposes 25 years and forfeiture. Notice of appeal follows.
- Estate recoveries
Bankruptcy status reports describe large recoveries relative to early 2022-2023 fears, a civil fact often misread as rewriting the verdict.
After March 2024 the live files are appeal and distributions; the jury's 2023 findings are the criminal core.
Public-record encyclopedia. Not legal advice. Not a how-to. Graphic detail is withheld. Wars belong in a separate atlas.