It's not just FTX's Sam Bankman-Fried. His parents also face legal trouble

Sam Bankman-Fried's parents face legal trouble of their own as FTX looks to claw back millions of dollars in compensation and benefits from the couple.Sam Bankman-Fried's parents face legal trouble of their own as FTX looks to claw back millions of dollars in compensation and benefits from the couple.As disgraced FTX founder Sam Bankman-Fried gears up for the start of his trial on Tuesday, two people close to him are now facing legal trouble of their own: his parents.

After FTX filed its lawsuit, NPR reached out to every professor at Stanford Law School for comment, and fewer than a dozen replied. "I really love explaining things," he told Stanford Law School graduates in a 2008 speech, after he received the John Bingham Hurlbut Award for Excellence in Teaching — an honor Fried has won several times."I love taking something opaque and make it seem a little less opaque."Barbara Fried, who decided to retire from teaching during FTX's heyday, is widely known for her work on legal ethics.

FTX's lawyers said Bankman was"a de facto officer, director, and/or manager" in Bankman-Fried's crypto empire before he joined it in an official capacity as a senior advisor to the FTX Foundation, its philanthropic arm. In a statement, a spokesperson for Stanford University said the school plans to return those contributions"in their entirety."

The plaintiffs allege the company effectively bought them a $16.4 million house in The Bahamas. After Bankman expressed dissatisfaction with his $200,000 FTX salary, his son wired a $10 million cash gift FTX allegedly paid for the decoration and upkeep of the home in The Bahamas and according to the lawsuit, Bankman allegedly flew on privately-chartered jets,"expensed $1,200 per night hotel stays to the FTX Group, and even appeared in a Super Bowl commercial with Seinfeld writer Larry David months before the FTX Group imploded.

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