His 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 advi

His 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."