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Now we'll see if having both parents who are Stanford Law Professors, and possibly many other legal minded connections, will save him from going to jail.
by esturk 4y ago
Now we'll see if having both parents who are Stanford Law Professors, and possibly many other legal minded connections, will save him from going to jail.
- ksherlock 4y agoPer today's WSJ article, they're currently in the Bahamas with him. https://www.wsj.com/articles/sam-bankman-frieds-parents-were-there-for-ftxs-rise-and-now-its-fall-11670841001 https://www.wsj.com/articles/sam-bankman-frieds-parents-were...
- eddsh1994 4y agoWouldn't you be with your child when the world media is talking about him? They are not teaching at Stanford next year anyway.
- kevin_thibedeau 4y agoThey live in a mansion he bought for them with the stolen money.
- encryptluks2 4y agoHopefully not for long. That should be sold off as part of the bankruptcy.
- mardifoufs 4y agoIs it owned by FTX?
- encryptluks2 4y agoIf it was purchased with money that was obtained illegally then I don't think it will matter. We'll have to see how the charges pan out.
- greenyoda 4y agoPaywall workaround for the above WSJ article: https://archive.ph/20AU0 https://archive.ph/20AU0
- testfoobar 4y agoHis father was a paid employe. Quoting the WSJ article about his parents: "Joseph Bankman and Barbara Fried remained by Mr. Bankman-Fried’s side—as legal advisers, one person familiar with the matter said, but mainly as parents to a son who is in deep trouble. Before FTX’s collapse, Mr. Bankman was a paid employee of the company for almost a year. He joined his son in meetings with Washington policy makers, expanded its philanthropic endeavors and helped connect his son to at least one major investor. And when Mr. Bankman and Ms. Fried visited their son in the Bahamas, where FTX is based, the company provided a place for them to stay."
- misiti3780 4y agoHis parents do the PR tour, I doubt they can help him at this point.
- ralph84 4y agoGiven they were recipients of stolen funds, they are witnesses, if not unindicted (so far) co-conspirators.