Sam Bankman-Fried’s Parents Were There for FTX’s Rise, and Now Its Fall

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Sam Bankman-Fried’s Parents Were There for FTX’s Rise, and Now Its Fall
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Sam Bankman-Fried’s parents, both professors at Stanford Law, were there for FTX’s rise—and now its fall

on housing for employees in exclusive beachside developments, The Wall Street Journal previously reported. FTX also bought a home that Mr. Bankman and Ms. Fried frequently occupied.

On campus, colleagues said, they would lend behind-the-scenes support in intradepartmental squabbles. Students, some of whom have gone on to become federal judges, Silicon Valley bosses and billionaire investors, repeatedly voted them their favorite teachers.Ms. Fried co-founded a super PAC known as Mind the Gap, which aims to use statistical analysis to help determine which Democratic candidates to support financially. She has resigned as chairwoman, her spokeswoman said.for American workers.

“As a kid I would talk, I think, as much with adults as I would with kids,” Mr. Bankman-Fried said in a recent interview with the Journal. “It was somewhat academic of an upbringing, but also somewhat relaxed.” FTX’s troubles, and Mr. Bankman-Fried’s central role, have reverberated through faculty lounges across the country. Last month, Stanford colleagues bristled when Bill Maher took aim at Mr. Bankman and Ms. Fried during a segment on his HBO show.

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