{"id":936112,"date":"2022-12-28T06:58:38","date_gmt":"2022-12-28T06:58:38","guid":{"rendered":"https:\/\/www.counterpunch.org\/?p=269492"},"modified":"2022-12-28T06:58:38","modified_gmt":"2022-12-28T06:58:38","slug":"sam-bankman-frieds-crypto-companies-bilked-a-potential-10-3-million-user-accounts-thats-250-times-more-than-madoff","status":"publish","type":"post","link":"https:\/\/radiofree.asia\/2022\/12\/28\/sam-bankman-frieds-crypto-companies-bilked-a-potential-10-3-million-user-accounts-thats-250-times-more-than-madoff\/","title":{"rendered":"Sam Bankman-Fried\u2019s Crypto Companies Bilked a Potential 10.3 Million User Accounts\u2013That\u2019s 250 Times More than Madoff"},"content":{"rendered":"<p>If one considers the customer losses at other crypto companies that have filed bankruptcy, potentially as a result of their exposure to FTX, the total dollar amount of losses may come close to or even exceed the estimated $17.8 billion of lost principal in the Madoff fraud. Currently, Ray is acknowledging $8 billion of missing customer funds at FTX, while indicating that records are in disarray and funds are still being tracked. <a href=\"https:\/\/www.counterpunch.org\/2022\/12\/28\/sam-bankman-frieds-crypto-companies-bilked-a-potential-10-3-million-user-accounts-thats-250-times-more-than-madoff\/\">More<\/a><\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/www.counterpunch.org\/2022\/12\/28\/sam-bankman-frieds-crypto-companies-bilked-a-potential-10-3-million-user-accounts-thats-250-times-more-than-madoff\/\">Sam Bankman-Fried\u2019s Crypto Companies Bilked a Potential 10.3 Million User Accounts\u2013That\u2019s 250 Times More than Madoff<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/www.counterpunch.org\/\">CounterPunch.org<\/a>.<\/p>\n\n<p class=\"syndicated-attribution\">This post was originally published on <a href=\"https:\/\/www.counterpunch.org\/2022\/12\/28\/sam-bankman-frieds-crypto-companies-bilked-a-potential-10-3-million-user-accounts-thats-250-times-more-than-madoff\/\">CounterPunch.org<\/a>. <\/p>","protected":false},"excerpt":{"rendered":"<p>If one considers the customer losses at other crypto companies that have filed bankruptcy, potentially as a result of their exposure to FTX, the total dollar amount of losses may come close to or even exceed the estimated $17.8 billion of lost principa&#8230;<\/p>\n","protected":false},"author":2524,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22,266],"tags":[],"_links":{"self":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/936112"}],"collection":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/users\/2524"}],"replies":[{"embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/comments?post=936112"}],"version-history":[{"count":1,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/936112\/revisions"}],"predecessor-version":[{"id":936113,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/936112\/revisions\/936113"}],"wp:attachment":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/media?parent=936112"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/categories?post=936112"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/tags?post=936112"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}