New FTX CEO Told Members of Congress SBF's Family 'Certainly Received Payments' From the Business – Bitcoin News

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FTX co-founder Sam Bankman-Fried’s parents face scrutiny over their reported involvement with their son’s business operations.

the New York Times that his parents “bore no responsibility” for his affairs. Bankman had scheduled law classes to teach this month and he recently canceled his classes, while Fried recently resigned from super political action committee Mind The Gap, a PAC she helped co-found in 2018.

According to the Wall Street Journal authors Justin Baer and Hardika Singh, a spokesperson for the familythat Bankman was paid by FTX for at least a year as he was working on charitable projects for the now-defunct crypto exchange. It has also been said that Bankman advised SBF before he spoke in front of the House Financial Services Committee on Dec. 8, 2021.

Reports also note that Bankman advised SBF on legal matters prior to the Chapter 11 bankruptcy filing and his resignation. While it is currently unknown if SBF’s parents had been more involved with SBF’s business affairs, the family faces significant legal bills from the

 

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This trial if there ever is one will be sealed tighter than a ducks butt. SBF was likely a patsy orchestrated to bring down crypto by the fiat mongers

Lol, can this even considered as news? Who wouldnt give their parent some money to enjoy life once they are overloaded?

Family of thieves

My crypto journey summarised kkkkk!

Too many scammy exchanges. We need more like CoinMetro

Totally agree, but I only use ChiefraFba for signals and analysis

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