Stanford University to Return ‘Donations’ from FTX!

Creator: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since a few years. He has earlier buying and selling expertise and has been working within the Fintech trade since 2017.

Sep 20, 2023 11:10

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”.