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FTX

, a former cryptocurrency exchange.

207 viewsLast reviewed Jun 29, 2026+ Add a definition
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#1·Apr 27, 2026

, a former cryptocurrency exchange.

Another $1.72 billion represents the amount FTX raised from investors on false pretenses, and $1.3 billion accounts for the money that Bankman-Fried’s cryptocurrency trading firm owed lenders, prosecutors said.
For parents

FTX means: , a former cryptocurrency exchange.. It is crypto-trading vocabulary; common on X, Discord servers, and trading-Telegram groups your teen may follow. There is no real cause for parental concern; it is descriptive vocabulary rather than risky behaviour. If your teen uses it, context will usually make the intent clear. A short, curious question about where they heard it is usually all that is needed to know whether to follow up.

For ESL learners

FTX means: , a former cryptocurrency exchange.. Register: very informal, crypto/finance subculture. Suitable only for casual conversation, chat and social media. Do not use in business, academic or news writing. A common learner mistake is using the word in a register it does not fit, or assuming a single global meaning; native speakers immediately notice when slang appears in formal contexts, so always check the surrounding register before producing it yourself.

Cluster: money
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For specific readers

FTX means: , a former cryptocurrency exchange.. It is crypto-trading vocabulary; common on X, Discord servers, and trading-Telegram groups your teen may follow. There is no real cause for parental concern; it is descriptive vocabulary rather than risky behaviour. If your teen uses it, context will usually make the intent clear. A short, curious question about where they heard it is usually all that is needed to know whether to follow up.

Why is this section here?

Slang is read by different audiences for very different reasons. The For parents view re-explains the term in plain, non-judgemental language so a caregiver can understand what their child means without needing the surrounding subculture. The For English learners view focuses on register (when it's safe to use), formal alternatives, and common mistakes — what a textbook won't teach you.

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