{"id":82257,"date":"2022-08-10T00:42:24","date_gmt":"2022-08-10T04:42:24","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=82257"},"modified":"2022-08-10T00:52:18","modified_gmt":"2022-08-10T04:52:18","slug":"sam-bankman-frieds-crypto-firms-had-deep-ties-to-voyager-digital-and-its-bankruptcy-wipeout","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2022\/sam-bankman-frieds-crypto-firms-had-deep-ties-to-voyager-digital-and-its-bankruptcy-wipeout.html","title":{"rendered":"Sam Bankman-Fried\u2019s crypto firms had deep ties to Voyager Digital and its bankruptcy wipeout"},"content":{"rendered":"\n<p>(CNBC) Sam Bankman-Fried became a crypto billionaire and one of the most famous players in the industry by building cryptocurrency exchange <a rel=\"noreferrer noopener\" href=\"https:\/\/ftx.com\/\" target=\"_blank\">FTX<\/a> into a top site used by traders and investors. His company was <a href=\"https:\/\/www.cnbc.com\/2022\/01\/31\/crypto-exchange-ftx-valued-at-32-billion-amid-bitcoin-price-plunge.html\">valued at $32 billion<\/a> in January and currently has more than a million users <a rel=\"noreferrer noopener\" href=\"https:\/\/ftx.com\/volume-monitor\" target=\"_blank\">averaging a total of nearly $10 billion<\/a> in daily trading volume. But it\u2019s still privately held, so the public doesn\u2019t know how badly it\u2019s been harmed by the <a href=\"https:\/\/www.cnbc.com\/2022\/07\/14\/why-the-2022-crypto-winter-is-unlike-previous-bear-markets.html\">\u201ccrypto winter<\/a>.&#8221;<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/08\/09\/sam-bankman-frieds-alameda-voyager-digital-spar-in-bankruptcy-court.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Sam Bankman-Fried became a crypto billionaire and one of the most famous players in the industry by building cryptocurrency exchange FTX into a top site used by traders and investors. His company was valued at $32 billion in January [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-82257","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/82257","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=82257"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/82257\/revisions"}],"predecessor-version":[{"id":82258,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/82257\/revisions\/82258"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=82257"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=82257"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=82257"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}