Sam Bankman-Fried’s parents ‘heartbroken’ for ’empathetic’ son who wanted to ‘do good on a large scale’
https://www.siliconvalley.com/2024/03/28/sam-bankman-frieds-parents-heartbroken-for-empathetic-son-who-wanted-to-do-good-on-a-large-scale/
Before a federal judge sentenced FTX founder Sam Bankman-Fried to 25 years in a federal prison for stealing billions of dollars from his cryptocurrency exchange customers Thursday, it became clear that his loyal, steadfast parents, Joseph Bankman and Barbara Fried, were living in a different reality.
As the Stanford law professors stared at the floor in front of them, U.S. District Court Judge Lewis A. Kaplan issued a stinging rebuke of their beloved, first-born child, who was convicted in November in what has been described as “one of the largest financial frauds in history.”