The new management of bankrupt cryptocurrency exchange FTX has filed a lawsuit demanding the return of ill-gotten assets from the parents of founder Sam Bankman-Fried (SBF).
The new management team of FTX, which went bankrupt last year and caused serious losses in the cryptocurrency market, targeted the family of the founder SBF. FTX Monday, September 18 In the court documents filed on 24.05.2019, it was stated that SBF’s parents, Joseph Bankman and Barbara Fried, via FTX gained unfairly And They took over many assets through fraud He filed a lawsuit stating that they stole millions of dollars.
The FTX front demands the return of these improperly embezzled properties and funds. return of all these assets These activities, which are carried out consciously and constitute a crime while requesting to be punished wanted.
The following statement in the court file was one of the striking points:
Bankman and Fried used their decades of experience and veneer of legitimacy as sophisticated law professors not to help the FTX Group, but rather to plunder it to enrich themselves and the causes they loved.
According to the documents submitted, SBF’s parents also paid approximately $10,000 for the property called Blue Water, including taxes, fees and expenses. $18.91 million made payment. However, there are also various expenses related to Blue Water. 90 thousand dollars was poured.
Bankman and Fried had different experiences in the process. fundraisers And organizations through you laundered money FTX claimed that both of them were living a luxurious life through FTX funds. He also serves as a senior advisor to SBF’s father, Joeseph Bankman’s FTX foundation. $200,000 salary using FTX funds for property in the Bahamas More than $18 million It was emphasized that he spent
In other news, court documents say Bankman called FTX a cryptocurrency exchange To sell to Binance It was claimed that he was part of a small group performing the final struggles.
In the early days of the FTX case, SBF’s parents fought for his release. $250 million bail It came to the fore by being among those who paid. However, shortly after the bankruptcy, SBF’s parents and the company’s senior executives reportedly left the Bahamas between 2020 and 2022. purchased 19 properties worth at least 121 million had emerged.