FTX Sues Sam Bankman-Fried’s Parents to Recover Millions in Misappropriated Funds

Bankrupt crypto exchange FTX has taken legal action against the parents of its founder and former CEO, Sam Bankman-Fried, accusing them of being involved in fraudulent activities. 
The lawsuit, filed on Monday, seeks to recover “millions of dollars in fraudulently transferred and misappropriated funds.”
The redacted court filing does not specify the exact amount in question but outlines a series of alleged financial improprieties. …
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