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.
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