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To: piasa

“FTX sues SBF’s parents, alleges they funneled millions to Stanford, other ‘pet causes’
SF Gate ^ | 9/19/2023 | By Alex Shultz
Posted on 9/19/2023, 4:04:10 PM by NohSpinZone

Longtime Stanford University professors Joseph Bankman and Barbara Fried — the parents of Sam Bankman-Fried — were sued by the now-bankrupt cryptocurrency company FTX on Monday. In the lawsuit, filed in federal court in Delaware, the couple is accused of using FTX funds to enrich themselves and give to their “pet causes,” including millions of dollars in donations to Stanford.

The lawsuit alleges that both Bankman and Fried “fraudulently transferred and misappropriated” tens of millions of dollars in total from FTX. They were also given a 30,000-square-foot $16.4 million home in the Bahamas and a $10 million cash gift by their son Bankman-Fried, according to the lawsuit....”


15 posted on 12/31/2023 5:31:15 AM PST by piasa (Attitude adjustments offered here free of charge)
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To: piasa

I wonder if a lot of that money went into the Stanford censorship projects targeting conservatives?


16 posted on 12/31/2023 5:35:02 AM PST by piasa (Attitude adjustments offered here free of charge)
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