IPFS News Link • Lawsuits
FTX Sues Bankman-Fried's Law Professor Parents To Recover "Fraudulently Transferred...
• Zero HedgeBankrupt crypto exchange FTX has sued the parents of founder Sam Bankman-Fried, who were just profiled by Bloomberg in "How Sam Bankman-Fried's Elite Parents Enabled His Crypto Empire", even as the article forgot to mention all the others who enabled SBF's criminal spree...
Can't wait for part two. pic.twitter.com/cv41BY8awZ
— zerohedge (@zerohedge) September 14, 2023
... to recover millions of dollars in "fraudulently transferred and misappropriated funds," the company said in a court filing late Monday alleging the "effectively altruist" parents were instead complicit in their son's crime, and spent illicit money on hotels, real estate and others.