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crypto

FTX Sues Sam Bankman-Fried’s Parents to Claw Back Funds

By
Aidan Ryan
· · Source: The Information

The bankruptcy estate of FTX sued the parents of former CEO Sam Bankman-Fried on Tuesday, seeking to claw back millions of dollars that it alleged their son’s crypto empire fraudulently transferred to them. The lawsuit alleged that Joseph Bankman and Barbara Fried “exploited their access and influence within the FTX enterprise to enrich themselves” and that Bankman helped to cover up...

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