Lawsuit Claims SBF Used $10M of Ill-Gotten Alameda Funds for Legal Counsel
Sam Bankman-Fried, the 31-year-old crypto entrepreneur, allegedly used stolen funds from FTX’s sister hedge fund, Alameda Research, to pay his legal defense team a whopping $10 million. According to a new lawsuit filed in Delaware bankruptcy court, the funds were transferred as a “Bankman Gift Transfer” from Bankman-Fried’s FTX account to his father’s personal account …