The Parents Caught In The Middle Of The FTX Collapse

The Parents Caught In The Middle Of The FTX Collapse

By NPR

Prosecutors say the former CEO of cryptocurrency giant FTX, Sam Bankman-Fried, defrauded investors and customers for years, to the tune of billions of dollars. Bankman-Fried was arrested Monday night in the Bahamas, on an extradition request by American authorities.

NPR's David Gura unpacks the charges and the ongoing investigation into Bankman-Fried's activities at FTX.

And Wall Street Journal reporter Justin Baer discusses the role Bankman-Fried's influential parents – the legal scholars Joseph Bankman and Barbara Fried – played in the rise and fall of FTX.

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