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The article is followed at this moment with an article titled “SBF’s Parents are Heartbroken” with a picture of his parents where both are unhappy, outside in t
by efitz 3y ago
The article is followed at this moment with an article titled “SBF’s Parents are Heartbroken” with a picture of his parents where both are unhappy, outside in the rain under umbrellas.
I wonder if they considered their role? I haven’t seen anyone accuse SBF of being a psychopath; given that, how does a person become so ethically bankrupt? A: His parents failed to do their job of ensuring that he developed a conscience.
SBF’s actions are his own; but he would never have gotten to where he ended up if they had done their job.
- olalonde 3y agoNot only that but his parents were actively involved in FTX and profited greatly from it[0]. [0] https://www.forbes.com/sites/digital-assets/2023/09/24/sam-bankman-frieds-parents-seem-much-more-involved-in-the-ftx-collapse-than-previously-known/ https://www.forbes.com/sites/digital-assets/2023/09/24/sam-b...
- tim333 3y agoYeah: >The suit says that SBF’s father directed where company payments would go, picked out charities to benefit from his son’s largesse, entered into and terminated contracts, hand-picked the company’s outside counsel, made hiring recommendations, and authorized expenses. >SBF’s mother, used ill-gotten funds from her son’s businesses as a piggy bank for her political action committee. >The suit says that Bankman, SBF’s father, was at one point drawing a $200,000 annual salary from FTX but that he thought he was “supposed to” be getting a nice, round $1 million. He emailed his son, according to the suit, “Gee, Sam I don’t know what to say here. This is the first [I] have heard of the 200K a year salary! Putting Barbara on this,” he added, calling in the boss’s mother. The suit says that shortly thereafter, Bankman-Fried made a $10 million gift to his parents out of funds from Alameda Research (FTX’s sister hedge fund), then had the couple put on the deed to a $16.4 million Bahamas property with funds “ultimately provided” by FTX.
- Intralexical 3y agoSam Bankman-Fried is not a child. https://www.citationneeded.news/sam-bankman-fried-is-not-a-child/ https://www.citationneeded.news/sam-bankman-fried-is-not-a-c...