FTX legal professionals accuse Sam Bankman-Fried of funding his felony defense with $10 million in misappropriated cash

FTX legal professionals accuse Sam Bankman-Fried of funding his felony defense with million in misappropriated cash

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A lawsuit in opposition to Sam Bankman-Fried alleges the indicted previous FTX CEO has been financing his legal protection with $10 million in corporation cash.
Bankman-Fried engineered a reward of that total to his father, legal scholar Joe Bankman, FTX legal professionals say.
Bankman-Fried has pleaded not guilty about his part in what federal prosecutors allege was a multibillion-greenback fraud that led to the personal bankruptcy of his crypto trade.

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