Forbes: SBF used millions of dollars borrowed from Alameda Research to pay legal fees

2023-03-29 18:42:50

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ChainCatcher news, according to Forbes, SBF has been using millions of dollars borrowed from Alameda Research to pay legal fees for his father, Joseph Bankman.

Two sources familiar with the operations of FTX and Alameda Research told Forbes that in 2021, as CEO of FTX, SBF donated a large sum of money to his father, Stanford Law Professor Joseph Bankman, with funds coming from loans from Alameda Research. (source link)

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