Feds Rail Against Sam Bankman-Fried in Brutal New Allegations

A flurry of allegations rained down on FTX founder Sam Bankman-Fried on Thursday, ranging from new claims about financial impropriety to an accusation that he leaked his ex’s diary entries to The New York Times.

First, in a lawsuit filed in Delaware court on Thursday, FTX claimed that Bankman-Fried is funding his legal bills with misappropriated cash: Last year, he allegedly sent his dad $10 million, the company said—money that is now being used to pay his lawyers. The allegations echo earlier reporting by Forbes.

Separately, prosecutors in the Southern...