XRP Attorney Raises Questions About Investigation into SBF’s Parents

XRP Attorney Raises Questions About Investigation into SBF’s Parents

XRP attorney John E Deaton raises concerns about the investigation into Sam Bankman-Fried’s parents’ involvement in the FTX case.

Key Points

• XRP attorney John E Deaton questions the disappearance of the investigation into Sam Bankman-Fried’s parents’ involvement in the FTX case.
• Deaton highlights previous allegations that SBF’s parents owned real estate in the Bahamas, allegedly purchased with FTX customer funds.
• SBF’s parents, Joseph Bankman and Barbara Fried, were implicated in the FTX fraud case, with claims of receiving payments from FTX.
• The ongoing controversies surrounding SBF’s arrest and the alleged involvement of his parents continue, with unclear developments in the investigation.

The XRP attorney, John E Deaton, has raised new questions about the investigation into the involvement of Sam Bankman-Fried’s parents in the FTX case. In a recent tweet, Deaton highlighted previous allegations regarding the parents and pointed out that the investigation seems to have disappeared.

On June 28, Deaton took to Twitter to ask, “Where is the investigation into SBFraud’s parents?” He brought up the earlier reports suggesting that SBF’s parents had real estate in their names in the Bahamas, allegedly purchased using FTX customer funds.

Where is the investigation into SBFraud’s parents. Wasn’t it reported that they had real estate in their names in the Bahamas purchased by FTX customer funds?

— John E Deaton (@JohnEDeaton1) June 28, 2023

Accusations Against SBF’s Parents

After the former CEO of the fallen crypto exchange FTX, Sam Bankman-Fried (SBF), faced accusations of fraud, his parents Joseph Bankman and Barbara Fried were also implicated in the case. John J Ray III, the current CEO of the firm, stated that the two Stanford professors “certainly received payments” from FTX.

Deaton’s inquiry was prompted by a sarcastic tweet from researcher James Murphy, known as MetaLawMan on Twitter. In the tweet, Murphy sarcastically attacked SBF and his father, suggesting that the idea of a new tax filing system proposed by US Senator Elizabeth Warren would be Joseph Bankman’s “brainchild.”

Deaton saw an opportunity to bring attention to the investigation into Joseph Bankman and Barbara Fried by questioning, “Wasn’t it reported that they had real estate in their names in the Bahamas purchased by FTX customer funds?”

The Controversial Allegations and SBF Arrest

The allegations surrounding SBF and his parents come after a series of dramatic events, including SBF’s arrest, a staggering $250 million bail, and house arrest. In the midst of these controversies, it was reported that SBF’s parents owned a $16.4 million vacation home in the Bahamas. However, no further investigation into their involvement seems to have taken place.

The XRP attorney, John E Deaton, has brought attention to the alleged involvement of SBF’s parents in the FTX case. With unanswered questions and a lack of clarity surrounding the investigation, it remains to be seen if further developments will arise in this ongoing saga.

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