Joseph Bankman and Barbara Fried, both Stanford Law School professors, “exploited their access and influence within the FTX enterprise to enrich themselves,” the company, operated in bankruptcy by new management, alleged.
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FTX sues Sam Bankman-Fried’s parents to recover ‘misappropriated funds’
“This is a dangerous attempt to intimidate Joe and Barbara and undermine the jury process just days before their child’s trial begins,” Bankman and Fried's lawyers wrote in a statement.
