HomeBasketballSam Bankman-Fried mother advised son on political contributions

Sam Bankman-Fried mother advised son on political contributions

Barbara Fried, the mother of FTX founder Sam Bankman-Fried, arrives for his arraignment and bail hearings at Manhattan Federal Court on December 22, 2022 in New York City.

Michael M. Santiago | Getty Images

The mother of former cryptocurrency king Sam Bankman-Fried is being accused in a new lawsuit of acting as a key advisor to her son and his allies for political campaign contributions that later led to criminal charges against him and others.

The complaint, filed on Monday by the now-bankrupt crypto exchange FTX, accuses Barbara Fried of being a “point person” for her son Bankman-Fried’s “political contribution strategy.”

It says that Fried, out of concern about the optics of her son helping finance causes she supported, encouraged Bankman-Friend and those close to him to “to avoid (if not violate) federal campaign finance disclosure rules by engaging in straw donations or otherwise…

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Adam smith
Adam smithhttps://sportyjones.com/
I'm Adam Smith, your go-to sports aficionado from the land down under. My heart beats for cricket, rugby, and Aussie Rules footy. With over a decade in sports writing, I bring you the inside scoop on all things sports at SportyJones.com. Let's dive into the action!
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