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How Sam Bankman-Fried’s parents enabled his criminal empire
Yahoo ^ | 15 Sept 2023 | eff John Roberts

Posted on 09/16/2023 7:50:11 AM PDT by DUMBGRUNT

As a scorching cover story in BusinessWeek reveals, Barbara Fried and Joseph Bankman didn't just raise a criminal, but actively took part in running FTX and enjoying the spoils of the fraud. They regularly turned up in the company's offices and were included on important emails, and, most critically, flexed their prestige to open doors in Silicon Valley and Democratic power circles for their son. Meanwhile, these two advocates for the poor helped themselves to a $16 million luxury villa in the Bahamas and $10 million in cash—paid for by FTX customers.

ronically, Bankman-Fried reportedly plans to invoke an "advice of counsel" defense at his trial next month—basically saying it was his lawyers who led him astray. If that's the case, it feels like it may be only a matter of time until his dad, who provided that advice, faces criminal jeopardy.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Chit/Chat; Humor
KEYWORDS: bahamas; bankman; bitcoin; cryptocurrency; ftx; sambankmanfried; siliconvalley
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To: DUMBGRUNT

This puzzy taking on both of his parents last name tells you a lot about this criminal puzzy and his “parents”


21 posted on 09/16/2023 6:36:31 PM PDT by DAC21
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To: Albion Wilde

“congresswoman deLauro”

And I thought Jeff Beck had passed away.


22 posted on 09/16/2023 6:39:27 PM PDT by DAC21
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