#CryptoFail firm #FTX #Bankruptcy proceedings include filing #lawsuit vs #Stanford faculty member family of #incarcerated financial whiz kid #SBF for enriching themselves at trough of his #criminal #Creepto enterprise . #Lawsuit seeks to recover million$ for #victims from #parents who personally benefitted from son's particularly potent #Ponzi #Fraud

https://fortune.com/crypto/2023/09/19/ftx-sam-bankman-fried-joe-barbara-siphoning-millions-personal-benefit/

FTX sues Sam Bankman-Fried’s parents for allegedly ‘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