{"id":1120,"date":"2026-07-18T11:35:40","date_gmt":"2026-07-18T11:35:40","guid":{"rendered":"https:\/\/movingandmortgagehub.com\/?p=1120"},"modified":"2026-07-18T11:35:40","modified_gmt":"2026-07-18T11:35:40","slug":"the-secret-story-of-ftxs-rise-and-ruin-part-2","status":"publish","type":"post","link":"https:\/\/movingandmortgagehub.com\/?p=1120","title":{"rendered":"The Secret Story of FTX\u2019s Rise and Ruin Part 2"},"content":{"rendered":"
\n
\n\n
\"A<\/figure>\n<\/div>\n

When the cryptocurrency<\/span> exchange FTX imploded, customers around the world lost access to their money. Founder Sam Bankman-Fried was convicted of fraud and sent to prison. But the story didn\u2019t stop there. For the past three and a half years, FTX has been in bankruptcy, a legal process that determines who will be paid back and how much they\u2019ll receive.\u00a0<\/p>

Read more ICE Contractor Arrested For Shooting Protester<\/a><\/p>\n

From the start, some customers and FTX insiders have criticized the bankruptcy. Legal experts and a bipartisan group of senators objected to the law firm tapped to run it, raising concerns about potential conflicts of interest. But the bankruptcy court and an independent examiner signed off on the firm\u2019s appointment as lead counsel.\u00a0\u00a0<\/p>\n

Customers are now receiving compensation for their losses, but many say they\u2019re being shortchanged. Instead of being paid in cryptocurrency, they\u2019re receiving cash, with their claims pegged to the value of crypto when the market was at an all-time low.\u00a0<\/p>

Read more ICE and DHS\u2019s Growing Record of Deception<\/a><\/p>\n

\u201cUnder this plan, my contractual rights and my ownership rights have been trampled; my property rights have been disregarded,\u201d says Lidia Favario, an Italian artist who argued in court that customers should be repaid in crypto, not cash.<\/p>\n

This week on Reveal<\/em>, in the second part of our series on FTX, we examine the decisions that shaped what\u2019s become one of the most expensive bankruptcies in US history.\u00a0<\/p>

Read more Trump\u2019s Primetime Speech Was a Dud. He Could Still Use it to Interfere in the Midterms.<\/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>October 2025<\/em>.<\/em><\/p>\n<\/article>","protected":false},"excerpt":{"rendered":"

FTX\u2019s collapse didn\u2019t end with Sam Bankman-Fried. We investigate customer claims that its costly bankruptcy shortchanged them.<\/p>\n","protected":false},"author":1,"featured_media":1118,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-1120","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 2 - 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=1120\" \/>\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 2 - Moving and Mortgage Hub\" \/>\n<meta property=\"og:description\" content=\"FTX\u2019s collapse didn\u2019t end with Sam Bankman-Fried. We investigate customer claims that its costly bankruptcy shortchanged them.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/movingandmortgagehub.com\/?p=1120\" \/>\n<meta property=\"og:site_name\" content=\"Moving and Mortgage Hub\" \/>\n<meta property=\"article:published_time\" content=\"2026-07-18T11:35:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/movingandmortgagehub.com\/wp-content\/uploads\/2026\/07\/2788549c9294eb328791d3f2b8e257dd-1024x576.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"576\" \/>\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=1120#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/movingandmortgagehub.com\\\/?p=1120\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/movingandmortgagehub.com\\\/#\\\/schema\\\/person\\\/6b7c79bcfd888d98f34c5413df7e81a2\"},\"headline\":\"The Secret Story of FTX\u2019s Rise and Ruin Part 2\",\"datePublished\":\"2026-07-18T11:35:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/movingandmortgagehub.com\\\/?p=1120\"},\"wordCount\":309,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/movingandmortgagehub.com\\\/?p=1120#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/movingandmortgagehub.com\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/4789fcb40b25df7a9ba82ea6698c6345.webp\",\"articleSection\":[\"Politics\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/movingandmortgagehub.com\\\/?p=1120#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/movingandmortgagehub.com\\\/?p=1120\",\"url\":\"https:\\\/\\\/movingandmortgagehub.com\\\/?p=1120\",\"name\":\"The Secret Story of FTX\u2019s Rise and Ruin Part 2 - Moving and Mortgage Hub\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/movingandmortgagehub.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/movingandmortgagehub.com\\\/?p=1120#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/movingandmortgagehub.com\\\/?p=1120#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/movingandmortgagehub.com\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/4789fcb40b25df7a9ba82ea6698c6345.webp\",\"datePublished\":\"2026-07-18T11:35:40+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/movingandmortgagehub.com\\\/#\\\/schema\\\/person\\\/6b7c79bcfd888d98f34c5413df7e81a2\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/movingandmortgagehub.com\\\/?p=1120#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/movingandmortgagehub.com\\\/?p=1120\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/movingandmortgagehub.com\\\/?p=1120#primaryimage\",\"url\":\"https:\\\/\\\/movingandmortgagehub.com\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/4789fcb40b25df7a9ba82ea6698c6345.webp\",\"contentUrl\":\"https:\\\/\\\/movingandmortgagehub.com\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/4789fcb40b25df7a9ba82ea6698c6345.webp\",\"width\":1200,\"height\":630},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/movingandmortgagehub.com\\\/?p=1120#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/movingandmortgagehub.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The Secret Story of FTX\u2019s Rise and Ruin Part 2\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/movingandmortgagehub.com\\\/#website\",\"url\":\"https:\\\/\\\/movingandmortgagehub.com\\\/\",\"name\":\"Moving and Mortgage Hub\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/movingandmortgagehub.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/movingandmortgagehub.com\\\/#\\\/schema\\\/person\\\/6b7c79bcfd888d98f34c5413df7e81a2\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"sameAs\":[\"http:\\\/\\\/movingandmortgagehub.com\"],\"url\":\"https:\\\/\\\/movingandmortgagehub.com\\\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The Secret Story of FTX\u2019s Rise and Ruin Part 2 - Moving and Mortgage Hub","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/movingandmortgagehub.com\/?p=1120","og_locale":"en_US","og_type":"article","og_title":"The Secret Story of FTX\u2019s Rise and Ruin Part 2 - Moving and Mortgage Hub","og_description":"FTX\u2019s collapse didn\u2019t end with Sam Bankman-Fried. We investigate customer claims that its costly bankruptcy shortchanged them.","og_url":"https:\/\/movingandmortgagehub.com\/?p=1120","og_site_name":"Moving and Mortgage Hub","article_published_time":"2026-07-18T11:35:40+00:00","og_image":[{"width":1024,"height":576,"url":"https:\/\/movingandmortgagehub.com\/wp-content\/uploads\/2026\/07\/2788549c9294eb328791d3f2b8e257dd-1024x576.webp","type":"image\/webp"}],"author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/movingandmortgagehub.com\/?p=1120#article","isPartOf":{"@id":"https:\/\/movingandmortgagehub.com\/?p=1120"},"author":{"name":"admin","@id":"https:\/\/movingandmortgagehub.com\/#\/schema\/person\/6b7c79bcfd888d98f34c5413df7e81a2"},"headline":"The Secret Story of FTX\u2019s Rise and Ruin Part 2","datePublished":"2026-07-18T11:35:40+00:00","mainEntityOfPage":{"@id":"https:\/\/movingandmortgagehub.com\/?p=1120"},"wordCount":309,"commentCount":0,"image":{"@id":"https:\/\/movingandmortgagehub.com\/?p=1120#primaryimage"},"thumbnailUrl":"https:\/\/movingandmortgagehub.com\/wp-content\/uploads\/2026\/07\/4789fcb40b25df7a9ba82ea6698c6345.webp","articleSection":["Politics"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/movingandmortgagehub.com\/?p=1120#respond"]}]},{"@type":"WebPage","@id":"https:\/\/movingandmortgagehub.com\/?p=1120","url":"https:\/\/movingandmortgagehub.com\/?p=1120","name":"The Secret Story of FTX\u2019s Rise and Ruin Part 2 - Moving and Mortgage Hub","isPartOf":{"@id":"https:\/\/movingandmortgagehub.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/movingandmortgagehub.com\/?p=1120#primaryimage"},"image":{"@id":"https:\/\/movingandmortgagehub.com\/?p=1120#primaryimage"},"thumbnailUrl":"https:\/\/movingandmortgagehub.com\/wp-content\/uploads\/2026\/07\/4789fcb40b25df7a9ba82ea6698c6345.webp","datePublished":"2026-07-18T11:35:40+00:00","author":{"@id":"https:\/\/movingandmortgagehub.com\/#\/schema\/person\/6b7c79bcfd888d98f34c5413df7e81a2"},"breadcrumb":{"@id":"https:\/\/movingandmortgagehub.com\/?p=1120#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/movingandmortgagehub.com\/?p=1120"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/movingandmortgagehub.com\/?p=1120#primaryimage","url":"https:\/\/movingandmortgagehub.com\/wp-content\/uploads\/2026\/07\/4789fcb40b25df7a9ba82ea6698c6345.webp","contentUrl":"https:\/\/movingandmortgagehub.com\/wp-content\/uploads\/2026\/07\/4789fcb40b25df7a9ba82ea6698c6345.webp","width":1200,"height":630},{"@type":"BreadcrumbList","@id":"https:\/\/movingandmortgagehub.com\/?p=1120#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/movingandmortgagehub.com\/"},{"@type":"ListItem","position":2,"name":"The Secret Story of FTX\u2019s Rise and Ruin Part 2"}]},{"@type":"WebSite","@id":"https:\/\/movingandmortgagehub.com\/#website","url":"https:\/\/movingandmortgagehub.com\/","name":"Moving and Mortgage Hub","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/movingandmortgagehub.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/movingandmortgagehub.com\/#\/schema\/person\/6b7c79bcfd888d98f34c5413df7e81a2","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","caption":"admin"},"sameAs":["http:\/\/movingandmortgagehub.com"],"url":"https:\/\/movingandmortgagehub.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/movingandmortgagehub.com\/index.php?rest_route=\/wp\/v2\/posts\/1120","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/movingandmortgagehub.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/movingandmortgagehub.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/movingandmortgagehub.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/movingandmortgagehub.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1120"}],"version-history":[{"count":0,"href":"https:\/\/movingandmortgagehub.com\/index.php?rest_route=\/wp\/v2\/posts\/1120\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/movingandmortgagehub.com\/index.php?rest_route=\/wp\/v2\/media\/1118"}],"wp:attachment":[{"href":"https:\/\/movingandmortgagehub.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1120"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/movingandmortgagehub.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1120"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/movingandmortgagehub.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1120"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}