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Basically anyone who profited off SBF giving them cash or a position in the company is liable. The issue is it’s too easy to take this too far and start suing e
by reactordev 3y ago
Basically anyone who profited off SBF giving them cash or a position in the company is liable. The issue is it’s too easy to take this too far and start suing everyone at the company that profited at all. One could make a case that the parents knew, colluded with, and championed his actions. That would be the only avenue in this case.
- throwaway48476 3y agoColluded? The parents were instrumental in the scheme. The father was the one to architect the legal structure to avoid regulation and the mothers connections to politicians kept the regulators from looking into FTX. Without them it wouldn't have been possible. The parents had enough connections to get themselves out of jail by pinning all the blame on their son.
- reactordev 3y agoIf that’s the case then yes, they should be involved in some sort of criminal investigation. I still like to presume innocence. But if it smells like a dog, barks like a dog, and digs in the backyard like a dog…
- throwaway48476 3y agoTheir political connections not only helped them further the fraud but also avoid any investigation.