FTX files lawsuit against SBF’s parents, allege $30 mln deception

Bankman and Fried allegedly used their insider status within FTX to amass personal wealth. FTX has asserted claims for fraudulent transfer, breach of fiduciary duty, unjust enrichment, and other causes of action. FTX has filed a lawsuit against the parents of its founder, Sam Bankman-Fried [SBF]. On 18 September, the exchange lodged a complaint against Allan Bankman …

FTX files lawsuit against SBF’s parents, allege $30 mln deception Read More »