The financial collapse of multibillion-dollar FTX is sending waves through the cryptocurrency industry. As the list of people responsible grows, one individual on the list should be the former CEO’s father, Joe Bankman.
FTX is now in bankruptcy and its top 50 creditors alone are owed over $3 billion from the entity. We’ve reported on the peculiar circumstances surrounding these creditors and the court’s efforts to date to hide the identities of these creditors.
As the list of creditors increases, there is much blame to throw around. One individual whose name should be on the list is Joe Bankman, the father of the former CEO of FTX, Sam Bankman-Fried.
In an interview online, Joe Bankman, the father of FTX’s CEO, brags about being the legal mastermind of sorts behind FTX.
(2 of 2) Disgraced law professor Joe Bankman wants to enroll the poor into FTX using FTX app for banking, transferring funds, and investing in crypto. Reverse Robinhood? pic.twitter.com/3lHT36vzdV
— Bob Bishop (@BobBish40288847) November 22, 2022
Who else should be on the list?
Hat tip Bob Bishop