Joseph Bankman, father of FTX founder Sam Bankman-Fried, was involved in meetings related to the development of marketing materials for FTT, the cryptocurrency that played a role in FTX's collapse. Bankman, a professor at Stanford Law School, also participated in discussions on tax issues. While Bankman-Fried's counsel had hinted at an "advice-of-counsel" defense, Bankman's involvement raises questions about the defense strategy.
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Here's How Involved SBF's Father Was With FTX
Joseph Bankman, father of FTX founder Sam Bankman-Fried, was involved in meetings related to the development of marketing materials for FTT, the cryptocurrency that played a role in FTX's collapse. Bankman, a professor at Stanford Law School, also participated in discussions on tax issues. While Bankman-Fried's counsel had hinted at an "advice-of-counsel" defense, Bankman's involvement raises questions about the defense strategy.