Joseph Bankman and Barbara Fried allegedly 'exploited their access and influence' within FTX, a court filing showed.
Joseph Bankman and Barbara Fried, both Stanford Law School professors, allegedly “exploited their access and influence” within FTX to enrich themselves by millions of dollars, a court filing showed.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.
“And together, Bankman and Fried siphoned millions of dollars out of the FTX Group for their own personal benefit and their chosen pet causes."'Family business' “The total cash payment for Blue Water amounted to $18,914,327.82, inclusive of all costs, taxes, and fees,” the filing said. “Neither Bankman nor Fried contributed any money of their own towards the purchase of Blue Water; rather, all of the funds were sourced from cash provided by the Debtors.”
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