#Bankman-Fried using company funds for criminal defense, FTX says

The major clawback attempt, which targets over a billion #dollars worth of cash and other assets lawyers claim Sam Bankman-Fried and other executives illegally took or reinvested, says that Bankman-Fried is using part of a $10 million transfer to his law professor father to finance his criminal defense.

The complaint also claims Bankman-Fried’s younger brother Gabriel wanted to buy a #sovereign country using #FTX Foundation funds.