The cryptocurrency company, now operating under the chief executive John J Ray III, an expert in helping companies recover after bankruptcy, claims Joseph Bankman and Barbara Fried received funds from their son's company in the form of gifts and donations to specific causes. The lawsuit is the company's first legal pursuit against Bankman-Fried's parents for their role in the company.
"As Bankman-Fried's parents, Bankman and Fried exploited their access and influence within the FTX enterprise to enrich themselves, directly and indirectly, by millions of dollars," the lawsuit said. "Despite presenting itself to investors and the public as a sophisticated group of cryptocurrency exchanges and businesses, the FTX Group was a self-described 'family business"."
Denne historien er fra September 20, 2023-utgaven av The Guardian.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra September 20, 2023-utgaven av The Guardian.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Labour Donor 'Breached Rules Over Register Of Interests'
The Labour donor and strategist Waheed Alli has been found to have breached House of Lords rules over his declarations of interest, including in an offshore firm based in the British Virgin Islands.
Harris Ramps Up Rhetoric Against 'Fascist' Trump
Kamala Harris has denounced Donald Trump as a "fascist" who wants "unchecked power" and a military personally loyal to himself after allegations emerged about the former president's admiration for Hitler.
Olympics And Taylor Swift Help Heathrow Set Passenger Record
Taylor Swift fans and Olympic visitors helped push record-breaking numbers of passengers to travel through Heathrow between June and September, prompting the airport to consider reinstating its dividend for the first time in four years.
Mourinho: I can win league with United - if City lose titles
José Mourinho has mischievously suggested he could be in line for a fourth Premier League winner's medal, after finishing as runner-up with Manchester United in 2018, if Manchester City are stripped of their title.
Geoff Capes, UK strongman and Olympic shot putter, dies aged 75
Geoff Capes, who competed for Great Britain in the shot put at three Olympic Games, won two Commonwealth titles and twice won the World's Strongest Man competition, has died aged 75.
Show of unity Imported replica cave brings sacred joy to Wauja people
It is not yet dawn in Ulupuwene, an Indigenous village in the Brazilian Amazon, but the Wauja people have already risen to prepare for the festive day ahead.
Boeing's new boss promises culture change to end crises
The newly appointed boss of Boeing has pledged to \"fundamentally\" transform the culture inside the beleaguered aerospace company, as its quarterly losses swelled to almost $6bn (£4.6bn) amid a sweeping strike, production delays and ongoing safety concerns.
Golden role model Hoy reminds us what really matters on and off the field of play is how we show up
Chris Hoy's cancer prognosis has delivered a jolting shock to the senses, a reminder that legendary Olympic medal winners are still human and as vulnerable as any of us to life's curveballs.
'I took the leap - Carl wished me all the best.I can't thank him enough'
Britain's sprint hope Louie Hinchliffe explains why he left Carl Lewis to be coached by aformer teammate
Government climb down Regulator will not consider foreign policy for takeovers
Ministers have climbed down over plans to require the new football regulator to consider the government's foreign policy when making decisions about club takeovers.