The parents of Sam Bankman-Fried, both professors at Stanford Law School, ask the Court to dismiss the lawsuit filed by FTX for fund recovery.
Joseph Bankman and Barbara Fried argue that there is no fiduciary relationship with the collapsed crypto-exchange.
Sam Bankman-Fried and the parents’ request to dismiss the FTX lawsuit for fund recovery
According to what is reported, it seems that Sam Bankman-Fried’s parents are asking the Court to dismiss the lawsuit filed by FTX against them for the recovery of funds.
Joseph Bankman and Barbara Fried, both professors at Stanford Law School, argue that Bankman would have no fiduciary relationship with the bankrupt crypto-exchange, FTX.
In practice, the document states that it is not enough for FTX to argue that the parents “knew or should have known”.
On the contrary, FTX should have provided specific facts demonstrating the “actual knowledge” of the fact that the parents “knew that certain actions would result in a breach o
We współpracy z: https://en.cryptonomist.ch/2024/01/17/the-parents-of-sam-bankman-fried-ask-to-dismiss-the-ftx-lawsuit-for-fund-recovery/
