The controversy surrounding cryptocurrency change FTX took a brand new flip as its chapter property filed a lawsuit towards the dad and mom of its founder, Sam Bankman-Fried. Joseph Bankman and Barbara Fried, who’re legislation professors at Stanford College, are accused of misappropriating thousands and thousands of {dollars}, together with $5.5 million in donations to the college allegedly orchestrated by the couple. Stanford College will probably be returning the “items” value thousands and thousands of {dollars} it obtained from FTX. Furthermore, Sam Bankman-Fried can also be making ready for a trial subsequent month from behind bars. The dad and mom have denied all allegations, calling them “fully false”.