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> Because he could always just say I bought that place with a hard-earned bonus that year, and gifted it to my parents... Except that isn't what happened. Appa
by greenyoda 4y ago
> Because he could always just say I bought that place with a hard-earned bonus that year, and gifted it to my parents...
Except that isn't what happened. Apparently, the house was bought by FTX, not by SBF. The article says:
> Bankman-Fried’s parents became involved in the scandal when Reuters broke that the professors had been named owners of a $16.4 million vacation home purchased by FTX. His parents told Reuters that they are seeking to return the deed to FTX.
If they thought the house was a legitimate gift from their son, why would they be trying to return it to FTX?
- twelve40 4y agowell, they too could play dumb and claim complete ignorance up until the very point Reuters gave them an epiphany, but... yeah, I see what you're saying