The information appeared just 1 day after FTX sued Sam-Bankman-Fried's parents. The lawsuit said Stanford University received more than $5.5 million in donations from FTX through Mr. Joseph Bankman, a longtime lecturer at Stanford and father of former FTX CEO Sam Bankman-Fried.
With a research-based, industry-specific value investing approach, Bing Ventures has built an impressive portfolio that includes DeFi, NFT, GameFi, DAO, infrastructure, and more.
According to court records dated September 18, 2023, both Mr. Bankman and Ms. Fried are professors at Stanford Law School and served as senior advisors to the FTX Foundation, FTX's charitable division in the US. In particular, Mr. Bankman's job has a salary of $200,000 and may not include a "discretionary bonus".
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