{"id":83146,"date":"2022-11-18T01:45:48","date_gmt":"2022-11-18T06:45:48","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=83146"},"modified":"2022-11-18T01:17:03","modified_gmt":"2022-11-18T06:17:03","slug":"binance-exec-says-it-was-like-a-bomb-went-off-at-ftx-compares-bankman-fried-to-madoff-and-elizabeth-holmes","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2022\/binance-exec-says-it-was-like-a-bomb-went-off-at-ftx-compares-bankman-fried-to-madoff-and-elizabeth-holmes.html","title":{"rendered":"Binance exec says \u2018it was like a bomb went off\u2019 at FTX, compares Bankman-Fried to Madoff and Elizabeth Holmes"},"content":{"rendered":"\n<p>(CNBC) Binance\u2019s chief strategy officer said it took his company two hours of due diligence on FTX to determine that Sam Bankman-Fried\u2019s crypto exchange was <a rel=\"noreferrer noopener\" href=\"https:\/\/carbon.cnbc.com\/107153133\" target=\"_blank\">beyond saving<\/a>. \u201cIt was like a bomb went off in that place,\u201d Patrick Hillmann, Binance CSO, told CNBC on Thursday. \u201cYou know, we\u2019re getting on calls, people are crying. &#8230; It was complete pandemonium over there,\u201d Hillmann said, adding that when \u201cSam went completely silent on them, the entire organization just fell to pieces.\u201d<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/11\/17\/binance-executive-compares-sam-bankman-fried-to-holmes-and-madoff.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Binance\u2019s chief strategy officer said it took his company two hours of due diligence on FTX to determine that Sam Bankman-Fried\u2019s crypto exchange was beyond saving. \u201cIt was like a bomb went off in that place,\u201d Patrick Hillmann, Binance [&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-83146","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83146","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=83146"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83146\/revisions"}],"predecessor-version":[{"id":83147,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83146\/revisions\/83147"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=83146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=83146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=83146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}