The founder of the now infamous FTX exchange, Sam Bankman-Fried, has allegedly used the $10 million he had sent to his father while still the CEO of the fallen exchange for his legal fees. 
Forbes reported, citing “two sources close to the company”, that in 2021, while he was still the FTX CEO, Bankman-Fried transferred millions of dollars to his father – funded by a loan from the company’s trading firm, the now-also-bankrupt Alameda Research….
Read More: Sam Bankman-Fried’s Legal Expenses Paid by Alameda Money He Granted to His Father – What’s Going On?