According to CoinDesk, FTX filed a lawsuit against Joseph Bankman and Barbara Fried, the parents of FTX founder Sam Bankman Fried (SBF), to recover millions of dollars in misappropriated funds. FTX claimed punitive damages from the two people. According to documents submitted to the court, Blue Water, owned by Bankman and Fried, reportedly received nearly $19 million, including taxes and fees, from FTX Trading. There are also claims that he received a total of $10 million in cash from Alameda.
FTX files lawsuit against SBF parents for recovery of misappropriated funds
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