Disgraced FTX founder Sam Bankman-Fried’s parents have been accused by his former company of embezzling funds that could have been used to pay up its customers.
A spokesperson for Stanford University says the institution is working to return all the funds it received from bankrupt crypto exchange FTX and its affiliates.
Bankrupt crypto exchange FTX on Monday sued the parents of founder Sam Bankman-Fried, saying that Stanford professors Joseph Bankman and Barbara Fried used the company to enrich themselves at the. -September 19, 2023 at 10:20 am EDT
- MarketScreener
Joseph Bankman and Barbara Fried both longtime Stanford Law School professors are being sued for accepting millions in cash gifts and real estate paid for by FTX debtors.