The domino effect of FTX CEO Sam Bankman-Fried’s actions came full circle as his reputation began impacting the professional lives of his parents — Stanford Law professors Joseph Bankman and Barbara Fried. SBF’s father, Bankman, had to cancel his winter session course on tax policy, which according to The Standford Daily, was at a time when the family was accused of acquiring an FTX-owned $16.4 million vacation home before the crypto exchange’s collapse.Stanford Law professor Joseph Bankman’s tax policy course was canceled. Source: explorecourses.stanford.eduOn the other hand, SBF’s mother, Fried, was surprisingly not even listed as an instructor for any of the courses. While this event coincides with FTX’s fallout, where Fried became a focal point of discussion owing to her political ties, she distanced the move from the ongoing investigations, saying it was a “long-planned” decision to retire. Speaking to The Daily, Fried shared her “hopes to” return as a teacher in the future.As if karma was real, SBF’s plan to dupe FTX investors came back to haunt his family members. However, Bankman-Fried continues to attempt to destabilize the crypto market. Most recently, SBF accused Binance CEO Changpeng Zhao of FTX’s fall, claiming that CZ “threatened to walk at the last minute.”Related: FEC probe demanded after SBF ‘admitted’ making dark money donationsOn Dec. 9, Bankman-Fried revealed his willingness to testify at a United States House hearing about FTX’s collapse in the future.1) I still do not have access to much of my data — professional or personal. So there is a limit to what I will be able to say, and I won’t be as helpful as I’d like.But as the committee still thinks it would be useful, I am willing to testify on the 13th. SBF (@SBF_FTX) December 9, 2022
However, the fugitive controversially missed the deadline to respond to a Senate Banking Committee request to appear and testify during a hearing focused on FTX’s bankruptcy in early December.
