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The Latest Breaking News from Barbara Fried

SBF Controversy Continues: Bankman And Fried Counter FTX's Clawback With Dismissal Request

FTX did not specify the exact sum allegedly misappropriated by Bankman and Fried but detailed certain expenditures: Bankman's annual remuneration of $200,000 as a senior adviser to the FTX foundation, over $18 million allocated for Bahamian real estate, and $5.5 million in contributions made by the FTX Group to Stanford…

International Business Times

FTX Warns Of Potential Delay In Customers' Compensation Amid IRS' $24B Tax Claim

FTX, in its filing to a Delaware court, called the IRS' tax claim "meritless."

International Business Times

As Sam Bankman-Fried awaits his prison sentence, spotlight shifts to 'Barb and Joe'

Bankman-Fried's parents remain in the news after their son's fraud conviction.

Fortune

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Sins of the father: Could Joe Bankman go to jail for helping his son run FTX?

“They were living high on the hog while advising a bunch of twentysomethings who had no idea what they were doing,” said a a white-collar defense specialist.

Fortune

Sam Bankman-Fried’s final hours in court: Gasps, somberness, and despair

Sam Bankman-Fried's parents clutched each other as jurors filed out after finding their son guilty on seven counts of fraud.

Fortune

Shattered wunderkind image: five key takeaways from Sam Bankman-Fried’s fraud trial

The trial of the FTX founder has ended after a month with a guilty verdict. What did we learn?

The Guardian - US

Sam Bankman-Fried trial: Billion dollar crypto fortune was ‘built on lies’, prosecutors say

Fallen crypto billionaire has gone on trial accused of stealing billions in cash and cryptocurrency from FTX investors

The Independent UK

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It's not just FTX's Sam Bankman-Fried. His parents also face legal trouble

FTX's lawyers allege Sam Bankman-Fried's mom and dad helped shape their son's crypto empire and received millions of dollars worth of gifts and benefits from the now-bankrupt company.

WEKU

Sam Bankman-Fried’s day in court is nearly here. Who are the key players in the blockbuster trial of the former CEO of FTX?

From Bankman-Fried to his parents, Joseph Bankman and Barbara Fried, to U.S. Attorney Damian Williams, meet the cast of the crypto news event of the decade.

Fortune

Up First briefing: Effects of a shutdown; health workers may strike; Maui conspiracies

What will stay open if the government shuts down? Kaiser Permanente's health care workers near a nationwide walkout. How conspiracy theories spread in the wake of wildfires in Hawaii.

WEKU

A timeline of Sam Bankman-Fried, who could go down as one of history’s most notorious fraudsters

Sam Bankman-Fried, 31, is facing fraud and conspiracy charges linked to FTX, which was once valued at $32 billion.

Fortune

The story behind FTX's Sam Bankman-Fried

The former CEO of FTX, once one of the largest cryptocurrency exchanges, now faces up to 115 years in prison.

The Street

Did Sam Bankman-Fried's mother enable the FTX straw donor scheme?

A new lawsuit alleged that Sam Bankman-Fried's mother was instrumental to campaign finance violations.

Fortune

Ex-Foursquare president Steven Rosenblatt lays out plans for Oceans Ventures’ second seed-stage fund

The six-person venture firm is looking for teams, not “hero” founders.

Fortune

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The Independent UK

Sam Bankman-Fried’s parents sued by embattled crypto company FTX

Mr Bankman-Fried, 31, has pleaded not guilty to charges of fraud and conspiracy and his trial is set for 3 October in New York

The Independent UK

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

Lawyers for collapsed cryptocurrency exchange FTX Trading are accusing Sam Bankman-Fried's parents of exploiting their influence over their son and the company he founded to enrich themselves by millions of dollars

Fortune

Sam Bankman-Fried’s father wanted to keep $5.5 million donated to Stanford from FTX under the radar: ‘Seems too close to home’

The allegations are part of a broader lawsuit from the FTX estate against Sam Bankman-Fried’s parents, Joseph Bankman and Barbara Fried.

The Guardian - US

FTX sues Sam Bankman-Fried’s parents, claiming they received millions in gifts

Lawsuit is the company’s first legal pursuit against Bankman-Fried’s parents for their role in the company

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news in one place.

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Fortune

FTX sues Sam Bankman-Fried's parents for 'siphoning' millions of dollars for their own personal benefit

The lawsuit alleges that Bankman and Fried received $1,200 hotel rooms, Bahamas property, and a cameo in a Super Bowl commercial.

Fortune

How Sam Bankman-Fried's parents enabled his criminal empire

A new exposé reveals how Barbara Fried and Joseph Bankman had a direct role in the massive fraud that was FTX.

Tribune News Service

Sam Bankman-Fried using millions sent to Stanford dad to pay for lawyers, report says

SAN JOSE, Calif. — Stanford Law School professor Joseph Bankman is using a “multimillion gift” he received from his embattled son Sam Bankman-Fried to pay for his son’s high-priced legal defense, according to a new report this week.

The Independent UK

FTX founder's bail signatories include 2 family friends

Two Stanford University academics signed on to FTX founder Sam Bankman-Fried's $250 million bail package, enabling him to live with his parents while awaiting trial on fraud charges

Fortune

Sam Bankman-Fried's family has been dragged into FTX's bankruptcy proceedings

In a court filing last week, lawyers for FTX’s new management team asked the judge overseeing the bankruptcy to issue subpoenas to SBF’s family.

Tribune News Service

News briefs

Trump attacks Ron DeSantis for being too liberal on COVID and vaccine mandates

Los Angeles Times

Sam Bankman-Fried’s parents used their house to bail him out. But they rent the land from Stanford

Shortly before Christmas, FTX founder Samuel Bankman-Fried, indicted on federal charges of fraud and money laundering, was released on a $250 million bail bond that was secured by his parents’ Palo Alto-area home.

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