FTX attorneys accuse Sam Bankman-Fried's parents of unjustly enriching themselves with company funds

FTX attorneys accuse Sam Bankman-Fried's parents of unjustly enriching themselves with company funds

a year ago
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https://apnews.com/article/ftx-bankmanfried-fraud-cryptocurrency-bankruptcy-0837d3fdf47ca4c82d3ac61f97536d58

DOVER, Del. (AP) — Lawyers for collapsed cryptocurrency exchange FTX Trading have filed a lawsuit accusing the parents of Sam Bankman-Fried of exploiting their influence over their son and the company he founded to enrich themselves by millions of dollars.

The complaint filed Monday against Allan Joseph Bankman and Barbara Fried in the FTX bankruptcy case in Delaware seeks to recover damages allegedly caused to the company through breaches of fiduciary duties, fraudulent transfers, unjust enrichment and other wrongdoing.