Here’s a timeline of the historic collapse of FTX.

Nov. 2: CoinDesk publishes an exclusive that reveals details of Sam Bankman-Fried's trading firm, Alameda Research, indicating that it is heavily invested in the FTX exchange's FTT token.

Nov. 6: Binance CEO "CZ" Zhao announced the sale of his remaining FTT token holdings.

Nov. 8: The FTT token price falls below $22.

Nov. 9: CoinDesk is first to report Binance is strongly leaning against buying FTX after just a few hours of checking its books and loans, and the same day, Binance officially walks away from the FTX deal.

Nov. 10: FTX assets are completely frozen by Bahamian regulator.

Nov. 11: FTX files for bankruptcy protection in U.S.

Nov. 14: The collapse of FTX literally becomes the subject of an investigation by federal prosecutors in New York.

Nov. 16; House lawmakers called on Bankman-Fried, as well as executives at Alameda and Binance, to testify in a hearing on Capitol Hill in December.

Nov. 17: John Ray, the CEO appointed to lead the company through bankruptcy, stated that he has never seen such a "complete failure" of corporate controls in his career.

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