When a jury convicted Sam Bankman-Fried on seven fraud-related charges, it marked a symbolic end to the biggest scandal in crypto history. But for Bankman-Fried's law professor parents, Joe Bankman and Barbara Fried, the legal ordeal is far from over.
Bankman-Fried's bankrupt FTX exchange, now led by a caretaker CEO, is suing Bankman and Fried to recover a $10 million gift from their son that was paid with corporate funds. More seriously, the parents—Bankman in particular—might face the risk that federal prosecutors charge them for abetting their son's criminal enterprise.
