- John E Deaton raised questions about the investigation regarding SBF’s parents’ involvement in the FTX case.
- It was earlier reported that SBF’s parents received payments from FTX and they owned a $16.4 million vacation home in the Bahamas.
- Deaton’s tweet was a response to James Murphy’s sarcastic post on SBF and his father.
The XRP attorney John E Deaton probed into question the investigation on the ill-famed FTX head Sam Bankman-Fried’s parents. In his recent tweet, Deaton shed light on the previous allegations over SBF’s parents, pointing out that the investigation no longer exists.
On June 28, the XRP lawyer shared a Twitter thread asking, “Where is the investigation into SBFraud’s parents”:
Following the accusations of fraud against the former CEO of the fallen crypto exchange FTX, SBF’s parents Joseph Bankman and Barbara Fried were also alleged of being involved in the FTX case. John J Ray III, the current CEO of the firm asserted that the two Stanford professors “certainly received payments” from FTX.
Deaton’s question came in response to a tweet shared by the researcher James Murphy, known as MetaLawMan on Twitter, in which the latter sarcastically attacked SBF and his father. While US Senator Elizabeth Warren threw light on a new “free, easy tax filing system” that would be piloted by the Internal Revenue Service (IRS), MetaLawMan shot a comment that the idea would be Joseph Bankman’s “brainchild”.
In response to the post, the XRP advocate spotted the ambiguities revolving around the investigation of Joseph Bankman and Barbara Fried’s involvement with SBF in the case. Deaton reiterated his doubts with a question, “Wasn’t it reported that they had real estate in their names in the Bahamas purchased by FTX customer funds?”.
Allegations on SBF followed a series of dramatic episodes including his arrest, a shocking $250 million bail, and house arrest. Meanwhile, it was reported that his parents owned a $16.4 million vacation home in the Bahamas, which saw no further probe.
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