Sam Bankman-Fried is paying for legal defense using previously gifted funds from Alameda: Report Post author:MiamiCrypto Post published:March 29, 2023 Post category:Cryptocurrency Exchange / ftx / law / Regulation / Sam Bankman-Fried The former FTX CEO reportedly gave Joseph Bankman roughly $10 million funded by a loan from Alameda Research as a part of a lifetime estate and gift tax exemption. You Might Also Like Goldman Sachs Downgrades Coinbase to Sell Rating — Analyst Says Firm Needs to Make Cost Base Reductions June 28, 2022 Putting a cap on decentralization: How regulation impacts DeFi adoption October 27, 2021 UK Regulator Warns Crypto Exchange FTX Is Providing Services Without Authorization September 18, 2022
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