Sam Bankman-Fried's parents are desperately trying to work out how to pay his security and legal fees - and have bought son a German Shepherd to cheer him up
Sam Bankman-Friend was 'closely advised' by his father John Bankman
His parents are paying for 24-hour security around their $4million family home
He was issued $250million bond and ordered to remain on house arrest
By Emma James For Dailymail.Com
Published: 17:00 EST, 20 January 2023 | Updated: 17:17 EST, 20 January 2023
Disgraced Sam Bankman-Fried's parents have bought him a German Shepherd puppy to cheer him up – as they desperately try to figure out how to pay his security and legal fees.
The 30-year-old FTX boss is spending time with his new pup Sandor while holed-up at dad John Bankman and mom Barbara Fried's $4 million Palo Alto home.
John and Barbara - former Stanford Law School professors - are now said to be wracking their brains to work out a way of paying their son's legal fees, as well as security hired to protect their home.
They're believed to accept Bankman-Fried's protestations of innocence on a $1.8 billion crypto currency scam, and have bought Sandor to cheer their son up - and also as a means of protecting him.
The alleged fraudster was reportedly 'closely advised' by his father John Bankman when he launched hedge fund Alameda Research in 2017.
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https://www.dailymail.co.uk/news/article-11659461/Sam-Bankman-Frieds-parents-bought-son-German-Shepherd-cheer-up.html