New FTX CEO Told Members of Congress SBF’s Family ‘Certainly Received Payments’ From the Business

According to multiple reports, FTX co-founder Sam Bankman-Fried’s parents face scrutiny over their reported involvement with their son’s business operations. The two Stanford professors Joseph Bankman and Barbara Fried have not been charged with any wrongdoing, but the current FTX CEO, John J. Ray III, recently told members of the U.S. Congress that Joseph Bankman and “the family certainly received payments” from FTX. SBF’s Ethics-Obsessed Parents Face Scrutiny Over Their Alleged Ties With FTX Operations On Saturday, a report from Reuters detailed that the FTX co-founder Sam Bankman-Fried (SBF) will likely surrender to a U.S. extradition request, after it was