Home Joe Bankman’s pivotal role in FTX’s operations and collapse revealed

Joe Bankman’s pivotal role in FTX’s operations and collapse revealed

Joe Bankman, father of Sam Bankman-Fried, was deeply involved in FTX’s operations.
Bankman advised on legal matters, helped draft early documents and contributed to the marketing of FTT, FTX’s crypto.
FTT led to FTX’s downturn, culminating in bankruptcy after a withdrawal rush and executives’ excessive spending.