Collapse

8 entries

FTX Collapse

CollapseEconomic2022

FTX, once the second largest cryptocurrency exchange, collapsed in November 2022. Founder Sam Bankma...

Long-Term Capital Management

CollapseEconomic1998

Long-Term Capital Management was a hedge fund founded in 1994 with two Nobel Prize winning economist...

Lehman Brothers Collapse

CollapseEconomic2008

Lehman Brothers filed for Chapter 11 bankruptcy on September 15, 2008, the largest bankruptcy filing...

Knickerbocker Trust

CollapseEconomic1907

The Knickerbocker Trust Company was the third largest trust company in New York. Its collapse in Oct...

Creditanstalt Collapse

CollapseEconomic1931

The collapse of Creditanstalt, Austrias largest bank, in May 311 triggered a European banking crisis...

Bank of United States Failure

CollapseEconomic1930

The Bank of United States failed on December 11, 1930, one of the largest bank failures in American ...

Bitcoin Mt Gox

CollapseEconomic2014

Mt. Gox was the largest Bitcoin exchange in the world, handling over 70 percent of all Bitcoin trade...

Terra Luna Crash

CollapseEconomic2022

Terra Luna was a cryptocurrency ecosystem worth 60 billion at its peak in April 2022. The TerraUSD s...