{"id":1003,"date":"2026-07-11T15:06:41","date_gmt":"2026-07-11T15:06:41","guid":{"rendered":"https:\/\/movingandmortgagehub.com\/?p=1003"},"modified":"2026-07-11T15:06:41","modified_gmt":"2026-07-11T15:06:41","slug":"the-secret-story-of-ftxs-rise-and-ruin-part-1","status":"publish","type":"post","link":"https:\/\/movingandmortgagehub.com\/?p=1003","title":{"rendered":"The Secret Story of FTX\u2019s Rise and Ruin Part 1"},"content":{"rendered":"
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\"A<\/figure>\n<\/div>\n

Sam Bankman-Fried<\/span> was once called the \u201ccrypto king.\u201d But in November 2022, his company, FTX, imploded within a matter of days. All around the world, customers of the cryptocurrency exchange were suddenly cut off from their money.\u00a0<\/p>

Read more Lawsuit Accuses ICE and Private Prison Contractors of Abusing a Disabled Detainee<\/a><\/p>\n

\u201cI tried to withdraw an amount, you know, and it would spin and say, your, your withdrawal is pending,\u201d says Tareq Morad, an investor from Canada. \u201cI remember myself doing that around 7, 8 o\u2019clock at night, checking back, going to look: Okay, did it go through? Did it go through? No. No. No.\u201d<\/p>

Read more How Two Punk Icons Are Giving the Cramps a Second Life<\/a><\/p>\n

Meanwhile, inside the company, employees were panicking. \u201cAll that we were told was there\u2019s been a run on the bank and, somehow, money is missing and we don\u2019t know who to trust,\u201d remembers Caroline Papadopoulos, part of FTX\u2019s accounting leadership at the time.\u00a0<\/p>\n

This week on Reveal<\/em>, through prison interviews with Bankman-Fried, his parents, FTX insiders, and customers, we take you through the frantic week of FTX\u2019s collapse and the controversial and less well-known bankruptcy that followed. At a cost of nearly $1 billion, it has become one of the most expensive in history.\u00a0<\/p>

Read more ICE Keeps Using The Same Justification For Killing Drivers<\/a><\/p>\n

Read the FTX bankruptcy estate\u2019s on-the-record statement to Reveal<\/em>.\u00a0<\/p>\n

This is an update of a show that originally aired in <\/em>September 2025<\/em>.<\/em><\/p>\n<\/article>","protected":false},"excerpt":{"rendered":"

Through exclusive prison interviews with Sam Bankman-Fried and others, we put fresh eyes on the dramatic collapse of the cryptocurrency exchange FTX.<\/p>\n","protected":false},"author":1,"featured_media":1001,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-1003","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"yoast_head":"\nThe Secret Story of FTX\u2019s Rise and Ruin Part 1 - Moving and Mortgage Hub<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/movingandmortgagehub.com\/?p=1003\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Secret Story of FTX\u2019s Rise and Ruin Part 1 - Moving and Mortgage Hub\" \/>\n<meta property=\"og:description\" content=\"Through exclusive prison interviews with Sam Bankman-Fried and others, we put fresh eyes on the dramatic collapse of the cryptocurrency exchange FTX.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/movingandmortgagehub.com\/?p=1003\" \/>\n<meta property=\"og:site_name\" content=\"Moving and Mortgage Hub\" \/>\n<meta property=\"article:published_time\" content=\"2026-07-11T15:06:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/movingandmortgagehub.com\/wp-content\/uploads\/2026\/07\/dd3d0e4491af32aeb3a2607adfa64144-scaled.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1557\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/movingandmortgagehub.com\\\/?p=1003#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/movingandmortgagehub.com\\\/?p=1003\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/movingandmortgagehub.com\\\/#\\\/schema\\\/person\\\/6b7c79bcfd888d98f34c5413df7e81a2\"},\"headline\":\"The Secret Story of FTX\u2019s Rise and Ruin Part 1\",\"datePublished\":\"2026-07-11T15:06:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/movingandmortgagehub.com\\\/?p=1003\"},\"wordCount\":269,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/movingandmortgagehub.com\\\/?p=1003#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/movingandmortgagehub.com\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/96a60443ec0fad711c4f93900b70575a.webp\",\"articleSection\":[\"Politics\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/movingandmortgagehub.com\\\/?p=1003#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/movingandmortgagehub.com\\\/?p=1003\",\"url\":\"https:\\\/\\\/movingandmortgagehub.com\\\/?p=1003\",\"name\":\"The Secret Story of FTX\u2019s Rise and Ruin Part 1 - 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