Sam Bankman-Fried’s parents bought him a dog because he lost a friend: report

The parents of Sam Bankman-Fried, a Stanford University law professor, continue to do all they can for their troubled son. That includes buying him a German Shepherd to stay with and keep him safe while he is confined to his house under house arrest.

The dog’s name is Thunder, and he was with Bankman Friend when he said hello pack lighter Earlier this month at his parents’ house near the Stanford campus. Bankman-Fried is “certainly a young man who needs both defense and a friend,” he writes Theodore Schleifer. He explains that the disgraced FTX founders’ parents, Joseph Bankman and Barbara Freed, are paying for 24-hour security around the house, and that their son has a $250 million bond. I bought a dog shortly after I was released from prison.

Bankman-Fried has become a “public enemy” and has reportedly faced death threats since the collapse of FTX in mid-November and his arrest in the Bahamas. The 30-year-old mop-haired entrepreneur has been charged with eight felony counts related to what federal prosecutors called “one of the greatest financial frauds in American history.”

During a visit to Bankman-Fried’s home, Schleifer said he had never seen either Bankman or Freed. The couple may have retreated to a different part of the house, and Bankman-Fried escorted the writer into the kitchen in a T-shirt, shorts, and a GPS monitor on his ankle.

In an interview that lasted more than two hours at the kitchen table, Bankman-Fried “revealed his loneliness and loneliness, but also revealed a mysterious hint of confidence: the past,” Schleifer said. . Bankman-Fried has expressed repentance, but his $32 billion company went bankrupt and his legal troubles have “stripped cash from his parents and cost the lives of the entire Bankman-Fried family.” I might mess it up.”

Regarding house arrest, Bankman-Fried said: It’s also very upsetting, frustrating, and stressful at the same time. But what you can do is limited. “

Bankman-Fried spent his days eating vegan burgers delivered to his home, playing video games, “hungryly consuming Twitter,” studying federal wire fraud laws ahead of his trial, and ” Schleifer said he spends his time “making a fuss.” In fact, Bankman-Fried seems more obsessed with learning the law than those who lost out on FTX, Schleifer added.

During the interview, Bankman Freed refused to talk about his brother Gabe, so Sander rested by the kitchen table and never spoke to his former colleagues at FTX or his trading firm, Alameda Research. I admitted that

“Many of the people I was closest to were co-workers,” Bankman-Fried said when asked if he still had any childhood or high school friends who lived nearby. “Most of the people I used to be friends with don’t talk to me.”

“Over the years, I’ve been incredibly lucky and lucky in terms of the many relationships and support I’ve had,” Bankman-Fried continued. Is not.”

One friend who probably won’t speak to Bankman-Fried anymore is Anthony Scaramucci, former White House spokesperson and founder of SkyBridge Capital. At a crypto panel at the World Economic Forum in Davos, Switzerland on Monday, Scaramucci said Bankman-Fried and Joseph Bankman were once close but now see Bankman-Fried as a “scam.” said. An insider reported.

FTX bought 30% of Scaramucci’s SkyBridge Capital investment firm for $45 million, and SkyBridge Capital reportedly bought FTX’s cryptocurrency for $10 million. Since then, the value of the token has fallen by 90%, Insider reports.

“It was a mistake to get involved with Sam,” Scaramucci said, according to an insider. “I thought Sam was the Mark Zuckerberg of cryptocurrency, but I didn’t think he was the Bernie Madoff of cryptocurrency. And I got it wrong.

Bankman-Fried confirmed to Schleifer that the only people he was speaking to were his lawyer and his parents.

“He’s a public enemy, guarded by a German Shepherd, a few lawyers who ultimately struggle to pay, loving parents, and basically nobody else,” Shu said. Leifer said in the interview’s conclusion.