FTX hunts Bankman-Fried family after answers about wealth: report
FTX hunts Bankman-Fried family after answers about wealth: report
According to a court file, FTX asked a judge whether they could question the family under oath about their assets and their personal assets.
The closest relatives of Sam Bankman-Fried and a handful of managers of the company are still in the spotlight, while the company is still looking for hidden assets to repay the creditors, Bloomberg reported on January 26th.
ftx consultants and legislators have chosen an aggressive approach to retain as much as possible from the missing billions that are due to creditors and customers.
The parents of SBF, Joseph Bankman and Barbara Fried, are at the top of the list of those who want to question the competitive company.
ftx parents wanted
A law professor at Stanford Law School, Joseph Bankman, advised FTX employees on tax issues and helped recruit the company's first lawyers, according to the file.
In addition, his mother, Barbara Fried, was also involved in the billion dollar companies, but details were not given.Gabriel Bankman-Fried, the brother, founded an organization to influence members of the US Congress from a multimillion dollar property near the US capital, according to the file.
SBF and FTX spent millions for political donations, most of which went to the democrats. According to Open Secrets, SBF was the seventh largest political encoder for the cycle 2022.
The insolvency judge John Dorsey responsible for the case must take up the application before the FTX lawyers can invite Bankman-Fried family. In the event of success, they would have to undergo a survey and present documents to the court.
On January 26, a document revealed the extensive extent of those who were burned by the FTX collapse. The list of creditors includes the technology and trade giants Apple, Amazon, Google, Meta, Microsoft and Samsung.
ftx lawyers revealed a 115-page document with a whopping 9,693,985 affected creditors.
ftt-token latest
Despite the continued turbulence on the bankruptcy stock exchange, sword dealers continue to buy their locals token ftt. Remarkably, according to Coingecko, the award has doubled last month.
The movement, however, seems to be a pump and dump, since the FTT has dropped by 20 % last week when the markets rose.
ftt was traded at $ 1.84 at the time of the writing of this article, which corresponds to a decline of 97.8 % compared to its all -time high of September 2021.
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