Sam Bankman-Fried


The lawsuit, which was filed in the U.S. Bankruptcy Court for the District of Delaware, goes on to claim that “despite knowing or blatantly ignoring that the FTX Group was insolvent or on the brink of insolvency,” Bankman and Fried discussed with their son the transfer of a $10 million cash gift and a $16.4 million luxury property in the Bahamas.

The suit alleges that as early as 2019, Sam’s father also directly participated in efforts to cover up a whistleblower complaint that threatened to “expose the FTX Group as a house of cards.” The filing also details emails written by Bankman in which he complained to the FTX U.S. Head of Administration that his annual salary was $200,000, when he was “supposed to be getting $1M/yr.”

I believe you first suggest mommy and daddy were involved at arms length.
 
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It took 4.5 hours to find him guilty.


Sam Bankman-Fried was found guilty for his role in the collapse of crypto exchange FTX.​
After 15 days of testimony and about four and a half hours of deliberations, jurors returned a verdict that found him guilty on seven counts of fraud and conspiracy.​
It's staggering. 15 days and 4 hours to determine 8 billion dollars worth of guilt.
 
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