Sam Bankman-Fried and his father Joseph Bankman pictured in leaving the Manhattan Federal Court in a collage.
Sam Bankman-Fried and his father, Joe Bankman.
  • Sam Bankman-Fried's dad has been funding his son's legal defense with a $10 million gift, lawyers say.
  • But Joe Bankman has also been closely involved with FTX's operations, Bloomberg reports.
  • That includes developing marketing materials for FTT, the cryptocurrency that led to SBF's downfall.

Sam Bankman-Fried's dad helped advise FTX, including for the controversial cryptocurrency that led to its downfall, Bloomberg reported.