One such revelation concerned Samuel Bankman, Bankman-Fried’s father, who has been using the $10 million gifted to him by his son, which was allegedly looted from FTX customers, to pay for his legal defense.
Moreover, it was revealed that he squandered at least a million of the funds on ill-advised cryptocurrency trades….
Read More: Sam Bankman-Fried’s Family Under Scrutiny: Court Filings Reveal Alarming Behavior