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- The suit says that shortly thereafter, Bankman-Fried made a $10 million gift to his parents out of funds from Alameda Research (FTX’s sister hedge fund), then had the couple put on the deed to a $16.4 million Bahamas property with funds “ultimately provided” by FTX.
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Oct 2, 2023 · After Bankman expressed dissatisfaction with his $200,000 FTX salary, his son wired a $10 million cash gift to his parents, which FTX lawyers say came from Alameda Research, a crypto...
- David Gura
Sep 20, 2023 · The suit says that shortly thereafter, Bankman-Fried made a $10 million gift to his parents out of funds from Alameda Research (FTX’s sister hedge fund), then had the couple put on the...
- Alex Kirshner
Sep 20, 2023 · FTX's lawsuit alleges that Bankman and Fried accepted a $10-million cash gift and a $16.4-million luxury property in the Bahamas from FTX, even as the company teetered on the brink of...
- Dietrich Knauth
Sep 19, 2023 · Crypto. FTX sues founder Sam Bankman-Fried’s parents. The lawsuit alleges that Bankman and Fried accepted a $10-million cash gift and a $16.4-million luxury property in the Bahamas from...
Mar 29, 2023 · In 2021, while CEO of FTX, Bankman-Fried made a large monetary gift to his father, Stanford Law professor Joseph Bankman, two sources with operational knowledge of both companies told Forbes....
Nov 3, 2023 · Sam Bankman-Fried gambled on a trial and his parents lost - The Verge. Tech. Sam Bankman-Fried gambled on a trial and his parents lost. Over five weeks, the FTX founder’s parents...
Sep 22, 2023 · Bankman-Fried then gifted his parents $10 million in funds from Alameda and the $16.4 million property in Bahamas within two weeks of his father's complaint about his salary, the...