{"id":83430,"date":"2022-12-19T00:10:31","date_gmt":"2022-12-19T05:10:31","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=83430"},"modified":"2022-12-18T23:33:31","modified_gmt":"2022-12-19T04:33:31","slug":"how-sam-bankman-fried-swindled-8-billion-in-customer-money-according-to-federal-prosecutors","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2022\/how-sam-bankman-fried-swindled-8-billion-in-customer-money-according-to-federal-prosecutors.html","title":{"rendered":"How Sam Bankman-Fried swindled $8 billion in customer money, according to federal prosecutors"},"content":{"rendered":"\n<p>(CNBC) Before his <a href=\"https:\/\/www.cnbc.com\/2022\/12\/12\/ftx-founder-sam-bankman-fried-arrested-in-the-bahamas-after-us-files-criminal-charges.html\">surprise Monday night arrest<\/a>, Sam Bankman-Fried had apologized for everything he could think of, to everyone who would listen. In a <a rel=\"noreferrer noopener\" href=\"https:\/\/www.forbes.com\/sites\/stevenehrlich\/2022\/12\/13\/exclusive-transcript-the-full-testimony-sbf-planned-to-give-to-congress\/?sh=2f6a3bee3c47\" target=\"_blank\">leaked draft<\/a> of his aborted House testimony, he wrote that he was truly, for his entire adult life, \u201csad.\u201d He \u201cf&#8212;&#8211; up,\u201d he <a rel=\"noreferrer noopener\" href=\"https:\/\/twitter.com\/SBF_FTX\/status\/1590709166515310593?ref_src=twsrc%5Etfw\" target=\"_blank\">tweeted<\/a>, and <a href=\"https:\/\/www.cnbc.com\/2022\/11\/23\/heres-the-apology-letter-sam-bankman-fried-sent-to-ftx-employees.html\">wrote<\/a>, and <a rel=\"noreferrer noopener\" href=\"https:\/\/youtu.be\/xP54LZB3WRw?t=879\" target=\"_blank\">said<\/a>. He told Bahamas regulators he was \u201cdeeply sorry for ending up in this position.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/12\/18\/how-sam-bankman-fried-ran-8-billion-fraud-government-prosecutors.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Before his surprise Monday night arrest, Sam Bankman-Fried had apologized for everything he could think of, to everyone who would listen. In a leaked draft of his aborted House testimony, he wrote that he was truly, for his entire [&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-83430","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83430","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=83430"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83430\/revisions"}],"predecessor-version":[{"id":83431,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83430\/revisions\/83431"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=83430"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=83430"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=83430"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}