Forget any potential criminal behavior; if you are simply curious why Sam Bankman-Fried seems so darn weird, the answer seems pretty obvious. His parents are rather odd themselves.
Joseph Bankman and Barbara Fried are both professors at Stanford University. They are intelligent and accomplished, no doubt, but they acted in a way that raised a lot of eyeballs during their son’s extradition hearing in the Bahamas.
Now it’s not against the law to act goofy, unprofessional, and strange, but fraud is illegal, and the walls might be starting to close in on mom and dad because the new FTX CEO told a congressional hearing that he is now seeing what the parents had to do with the collapse of FTC. They were undoubtedly involved; the question is, were they doing anything illegal? Reports say they did receive some very nice luxury property in the Bahamas courtesy of Sam and his crypto exchange company that he ran into the ground.
Stay tuned for further updates on that.
Back to what they were doing during the hearing. Sam’s dad was seen plugging his ears during it. Was he trying to drown out the sound of what was going on?
He was also making all kinds of bizarre facial expressions when his son was described as a potential fugitive.
The dad even laughed out loud a couple of times. The parents sat in the third row of the courtroom and created quite the scene.
Back in D.C., the new CEO told the House Financial Services Committee that Sam’s dad had given his son legal advice and was paid a substantial amount of money. No word if he was considered an employee, but chances are Ray will find out because he’s pretty skilled at finding out the truth about what happens in these fraudulent companies.
Remember that he was in the same role at Enron as the truth about that company began to be known.
Add comment