The bankrupt cryptocurrency exchange FTX is suing the parents of founder Sam Bankman-Fried for allegedly manipulating their relationships to divert millions of dollars out of the company improperly.
Alameda Research LLC, Alameda Research Ltd., FTX Trading Ltd., West Realm Shires, Inc., and West Realm Shires Services Inc. (FTX.US) filed a complaint in Delaware bankruptcy court on Sept. 18 against Allan Bankman and Barbara Fried. Bankman is a Stanford law professor, and Fried is a professor emerita at the same law school.
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