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International Business Times
International Business Times
Business
Nica Osorio

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

FTX United Nations Joseph Bankman Barbara Fried Sam Bankman-Fried Stanford University the FTX Group Crypto

KEY POINTS

  • FTX sued Bankman-Fried's parents for unlawful enrichment through 'access and influence' in September last year
  • Bankman and Fried now ask the court to dismiss the FTX lawsuit
  • The controversy surrounding Bankman-Fried is also a family drama that involves not only his brother but also his parents

Joseph Bankman and Barbara Fried, Stanford University scholars and parents of the controversial crypto mogul Sam Bankman-Fried, have formally requested the dismissal of a legal action by bankrupt cryptocurrency firm FTX, which aimed to recoup finances it alleged were illicitly diverted.

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