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How Sam Bankman-Fried’s parents enabled his criminal empire
Yahoo ^ | 15 Sept 2023 | eff John Roberts

Posted on 09/16/2023 7:50:11 AM PDT by DUMBGRUNT

As a scorching cover story in BusinessWeek reveals, Barbara Fried and Joseph Bankman didn't just raise a criminal, but actively took part in running FTX and enjoying the spoils of the fraud. They regularly turned up in the company's offices and were included on important emails, and, most critically, flexed their prestige to open doors in Silicon Valley and Democratic power circles for their son. Meanwhile, these two advocates for the poor helped themselves to a $16 million luxury villa in the Bahamas and $10 million in cash—paid for by FTX customers.

ronically, Bankman-Fried reportedly plans to invoke an "advice of counsel" defense at his trial next month—basically saying it was his lawyers who led him astray. If that's the case, it feels like it may be only a matter of time until his dad, who provided that advice, faces criminal jeopardy.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Chit/Chat; Humor
KEYWORDS: bankman; bitcoin; cryptocurrency; ftx; sambankmanfried
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The apple did not fall far from the tree. And is full of worms.
1 posted on 09/16/2023 7:50:11 AM PDT by DUMBGRUNT
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To: DUMBGRUNT

I’m sure many hope to see them face the justice they deserve. Life in prison minimum.


2 posted on 09/16/2023 7:55:55 AM PDT by Boomer (X-Twitter is NOT a free speech platform. The scummy Marxists are back in charge. )
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To: DUMBGRUNT
... didn't just raise a criminal, but actively took part in running FTX and enjoying the spoils of the fraud<./I>

Sounds like President Sniffer and his criminal son...

3 posted on 09/16/2023 7:59:13 AM PDT by GOPJ (Our side must NOT work with democrats. Or we'll Bud Light them...)
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To: DUMBGRUNT
... didn't just raise a criminal, but actively took part in running FTX and enjoying the spoils of the fraud

Sounds like President Sniffer and his criminal son...

4 posted on 09/16/2023 7:59:46 AM PDT by GOPJ (Our side must NOT work with democrats. Or we'll Bud Light them...)
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To: GOPJ

—”Sounds like President Sniffer and his criminal son...

Sam Bankman-Fried gave FORTY MILLION DOLLARS of stolen money to the DNC.
Second largest favor purchasing benefactor.

IIRC ZERO returned to the victims.


5 posted on 09/16/2023 8:26:23 AM PDT by DUMBGRUNT ( "The enemy has overrun us. We are blowing up everything. Vive la France!"Dien Bien Phu last message)
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To: DUMBGRUNT

The Democrat Party Organized Crime Syndicate.


6 posted on 09/16/2023 8:29:03 AM PDT by blueunicorn6 ("A crack shot and a good dancer” )
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To: DUMBGRUNT

Toss the old Yids in the click too.


7 posted on 09/16/2023 8:41:22 AM PDT by Levy78 (Reject modernity, embrace tradition. )
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To: DUMBGRUNT

“Bankman-Fried reportedly plans to invoke an “advice of counsel” defense at his trial next month—basically saying it was his lawyers who led him astray”

i wonder how well an “advice of counsel” defense would work for bank robbery, home invasion, rape, or murder?


8 posted on 09/16/2023 8:45:40 AM PDT by catnipman (A Vote For The Lesser Of Two Evils Still Counts As A Vote For Evil)
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To: DUMBGRUNT

He may also try the George Castanza defense.


9 posted on 09/16/2023 8:53:13 AM PDT by pas
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To: DUMBGRUNT

Mommy’s little champion!


10 posted on 09/16/2023 8:57:30 AM PDT by Albion Wilde (Either ‘the Deep State destroys America, or we destroy the Deep State.’ --Donald Trump)
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To: Albion Wilde
Mommy’s little champion!

Mommy


11 posted on 09/16/2023 9:05:15 AM PDT by TangoLimaSierra (⭐⭐To the Left, The Truth is Right Wing Violence⭐⭐)
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To: Albion Wilde

—”Mommy’s little champion!”

The nepo-baby has gone bad.


12 posted on 09/16/2023 9:36:59 AM PDT by DUMBGRUNT ( "The enemy has overrun us. We are blowing up everything. Vive la France!"Dien Bien Phu last message)
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To: DUMBGRUNT

They ALL should be in PRISON!


13 posted on 09/16/2023 9:38:20 AM PDT by Ann Archy (Abortion....... The HUMAN Sacrifice to the god of Convenience.)
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To: TangoLimaSierra

THAT is the MOTHER???? Are you SURE?? THAT’S A MAN, BABY!


14 posted on 09/16/2023 9:39:28 AM PDT by Ann Archy (Abortion....... The HUMAN Sacrifice to the god of Convenience.)
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To: DUMBGRUNT

Men can’t have babies!


15 posted on 09/16/2023 9:41:20 AM PDT by Mashood
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To: catnipman

—”i wonder how well an “advice of counsel” defense would work for bank robbery, home invasion, rape, or murder?”

Forty million dollars of graft to DNC members would help make it work.


16 posted on 09/16/2023 9:51:30 AM PDT by DUMBGRUNT ( "The enemy has overrun us. We are blowing up everything. Vive la France!"Dien Bien Phu last message)
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To: DUMBGRUNT

And all the stupid greedy celebrities that helped him should be held accountable


17 posted on 09/16/2023 10:49:30 AM PDT by NWFree (Sigma male 🤪)
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To: DUMBGRUNT
Sam Bankman-Fried gave FORTY MILLION DOLLARS of stolen money to the DNC. Second largest favor purchasing benefactor.

President Sniffer's real name is Fagin... he and the DNC would never give a shilling back.

18 posted on 09/16/2023 11:51:51 AM PDT by GOPJ (Our side must NOT work with democrats. Or we'll Bud Light them...)
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To: DUMBGRUNT

19 posted on 09/16/2023 12:02:02 PM PDT by mikey_hates_everything
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To: TangoLimaSierra
Wow, she's scary!! The only comparably shriek-inducing Democrat woman I've seen is that congresswoman deLauro from Connecticut who looks like Strega Nona.


20 posted on 09/16/2023 5:34:14 PM PDT by Albion Wilde (Either ‘the Deep State destroys America, or we destroy the Deep State.’ --Donald Trump)
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