{"id":83513,"date":"2022-12-29T00:10:10","date_gmt":"2022-12-29T05:10:10","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=83513"},"modified":"2022-12-28T23:40:02","modified_gmt":"2022-12-29T04:40:02","slug":"ftx-diverted-200-million-of-customer-money-for-two-venture-deals-that-caught-the-secs-attention","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2022\/ftx-diverted-200-million-of-customer-money-for-two-venture-deals-that-caught-the-secs-attention.html","title":{"rendered":"FTX diverted $200 million of customer money for two venture deals that caught the SEC\u2019s attention"},"content":{"rendered":"\n<p>(CNBC) Of the billions of dollars in customer deposits that <a href=\"https:\/\/www.cnbc.com\/2022\/12\/18\/how-sam-bankman-fried-ran-8-billion-fraud-government-prosecutors.html\">disappeared<\/a> from FTX in a flash, $200 million was used to fund investments in two companies, according to the Securities and Exchange Commission, which <a rel=\"noreferrer noopener\" href=\"https:\/\/www.sec.gov\/news\/press-release\/2022-219#:~:text=The%20Securities%20and%20Exchange%20Commission,the%20CEO%20and%20co%2Dfounder.\" target=\"_blank\">charged<\/a> founder Sam Bankman-Fried with \u201corchestrating a scheme to defraud equity investors.\u201d<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/12\/28\/ftx-used-200-million-of-customer-funds-for-two-venture-investments.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Of the billions of dollars in customer deposits that disappeared from FTX in a flash, $200 million was used to fund investments in two companies, according to the Securities and Exchange Commission, which charged founder Sam Bankman-Fried with \u201corchestrating [&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-83513","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83513","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=83513"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83513\/revisions"}],"predecessor-version":[{"id":83514,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83513\/revisions\/83514"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=83513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=83513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=83513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}