Bankman-Fried’s Stanford Professor Parents Tangled in FTX Probes

FTX founder Sam Bankman-Fried was known to blur the lines between personal and professional, most famously by shacking up in a luxury Bahamas penthouse with nine colleagues.

But as regulators and lawmakers take aim at the disgraced crypto mogul, they’re widening their scope beyond his band of twenty- and thirty-somethings — “grossly inexperienced and unsophisticated individuals,” in the words of FTX’s new chief executive — and probing the role played by two people who, based on their bona fides, also should have known better: his parents.

Stanford University law professors Joseph Bankman and Barbara Fried featured briefly in congressional testimony ...