According to multiple reports, FTX co-founder Sam Bankman-Fried’s parents face scrutiny over their reported involvement with their son’s business operations. The two Stanford professors Joseph Bankman and Barbara Fried have not been charged with any wrongdoing, but the current FTX CEO, John J. Ray III, recently told members of the U.S. Congress that Joseph Bankman and “the family certainly received payments” from FTX.
SBF’s Ethics-Obsessed Parents Face Scrutiny Over Their Alleged Ties With FTX Operations
On Saturday, a report from Reuters detailed that the FTX co-founder Sam Bankman-Fried (SBF) will likely surrender to a U.S. extradition request, after it was initially reported that SBF would fight extradition to the United States. Reports detail that SBF’s parents, who are reportedly in The Bahamas supporting their son, face scrutiny over how involved they were with FTX operations.
While speaking in front of the U.S. Congress about the FTX collapse, the current FTX CEO, Jo
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