Sam Bankman- Fried is the son of Barbara Fried and Joseph Bankman.
Fried and Bankman are close by their son's side.
We know a lot about them.
Sam Bankman- Fried is moving back in with his parents.
After being extradited from the Bahamas, Bankman-Fried was released on bail of $250 million, just hours after he arrived in the United States.
Bankman- Fried is required to stay at his parents' home while he waits for his trial.
According to news reports and state records, his parents live in a mansion in the San Francisco Bay Area.
The five-bedroom home is estimated to be worth about $4 million by the two websites.
Bankman- Fried's parents have been by his side since his arrest.
Bankman- Fried was arrested in the country. His parents attended his court hearing where he was denied bail. They went to the prison to visit their son.
According to the Wall Street Journal, a couple told friends that they expected their son's legal bills to wipe them out.
We don't know much about Joseph Bankman.
Bankman is a professor at the university. He is a leading scholar in the field of tax law, according to his biography on the website.
He graduated from Palo Alto University with a degree in psychology. According to New York Magazine, he offers lunchtime sessions to first-year law students on cognitive behavioral therapy.
A spokesman for Bankman told The Wall Street Journal that Bankman was not involved in running the company while he was employed by FTX for 11 months.
The New York Times reported that Bankman helped FTX recruit its first lawyers, joined FTX executives in meetings on Capitol Hill, and advised his son as he prepared to testify before a congressional committee. Bankman flew to the Bahamas a lot.
Bankman organized an FTX event at Miami Heat's FTX Arena in March where local high school students pitched business ideas to a panel of judges.
A tax-policy class that Bankman was going to teach in the winter quarter was canceled, and The Journal reported that he'd delayed the course to the spring. The reading group he was to lead has been canceled as well.
Do you know about Barbara Fried?
Barbara Fried retired from teaching at the end of the year. According to her biography on the university's website, she was interested in law, economics, and philosophy.
According to the New York Times, Fried and her husband were popular faculty members at the school.
Fried is a short story writer. She worked as a review editor for the journal and wrote a biography of Robert Hale.
Fried graduated from Harvard in 1983. She was a law clerk for the Court of Appeals. She practiced at Paul, Weiss, Rifkind, Wharton and Garrison.
Fried was an assistant professor at the time and won multiple awards for excellence in teaching. Her biography states that she was a visiting professor at New York University Law School.
Fried resigned from Mind the Gap in November of 2022.
Bankman-Fried may have been influenced by his parents.
Bankman- Fried was a poster boy for effective altruism, a movement in which followers commit to doing the most good for the largest number of people using science, evidence, and reason.
Bankman-Fried is said to have been introduced to the movement by Will MacAskill. Bankman- Fried's parents seem to have had some influence on his philosophy.
According to an article published on the website of the venture capital firm, Bankman and Fried raised their son on the idea of helping the most people.
His mother wrote a review of Peter Singer's book, seen by many as the originator of the effective altruism movement.
Bankman and Fried are connected to a property in the Bahamas.
The lawsuits against FTX and their son aren't naming Bankman and Fried as defendants. The Securities and Exchange Commission accuses their son of misappropriating FTX customers funds to purchase real estate for his parents and other people.
The home in the gated community was described in property records as a vacation home.
Bankman and Fried tried to get the property deeds back from FTX before the company filed for Chapter 11.
He didn't know the details of the property purchase.
Bankman- Fried praised his parents for their support.
Bankman-Fried said that his parents bore no responsibility for FTX's downfall.
He said that anyone close to him, including his parents and employees who fought with the company, were hurt by this.
This article was contributed to by a person.
Business Insider has an article on it.
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