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the collapse of FTX is clearly one of the most impactful events in the history of crypto so whats the story behind FTX how did it rise to power and became one of the biggest crypto exchanges so quickly what led to its collapse and what kind of impact will it have on crypto and D5 youll find answers to these questions and more in this video before we begin if you want to learn more about decentralized finance and the technology behind it make sure you subscribe to my channel hit the Bell icon and enable all notifications the story of FTX starts with its founder some bankman freed or SBF in 2014 SPF graduated from MIT with a degree in physics and started working full-time at Jane Street Capital a well-known propriety trading firm in traditional Finance in 2017 after three years of trading some decided to quit Jane Street and founded Alameda research a quantitative Trading Company focused on the crypto markets interestingly as a vivid supporter of effective altruism some committed to gi