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Hack history / 2022 / Collapse or insolvency

FTX files for bankruptcy, Sam Bankman-Fried resigns

Collapse or insolvency on Nov 11, 2022

IN REVIEWONE SOURCE · 1 SOURCE
Lost
$8.70B
dollars at the time
Returned
$7.00B
80% of the loss, as a source states it
Rank
not ranked
collapses, frauds and later news are not ranked

What happened

No description from DefiLlama or SlowMist; see the sources below.

In review: single source for a loss of $500M or more.

Details

Date
Nov 11, 2022
Kind
Collapse or insolvency
Method
not stated
How in
Insiders: rug pulls, frauds, collapses
Target
not stated
Chains
not stated

After the theft

Recovered or frozen
$7.00B
“$8.70B taken, $1.70B after recovery or freezing” (Web3 Is Going Great)

Reported by

Related incidents

Cite this pageSwanBluechip, "FTX files for bankruptcy, Sam Bankman-Fried resigns collapse or insolvency, Nov 11, 2022: $8.70B lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/hte418caacd8/ (data as of 2026-10-31).
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