SBF’s family is suspected of illegally misappropriating FTX customer funds

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Cointime2024/07/05 12:01

By:Cointime

According to emails recently disclosed by The Wall Street Journal, SBF's family played an important role in over $100 million in political donations. It is alleged that these funds were illegally misappropriated from FTX client funds and used to influence the 2022 elections, leading to multiple legal actions. The emails provide detailed records of SBF's father, Joe Bankman, participating in the development of financial strategies related to political donations, fully demonstrating his family's involvement. The emails indicate that Joe Bankman directly participated in illegal fund operations.

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