Sam Bankman-Fried's mom encouraged him to skirt donation rules and give millions to the PAC she chaired, lawsuit claims

• FTX lawyers are suing Sam Bankman-Fried's parents, saying they were wrongly paid millions.
• The lawsuit says SBF's mom encouraged him to avoid federal campaign finance disclosure rules.
• Lawyers for SBF's parents have called the lawsuit's allegations "completely false."

Sam Bankman-Fried's mom encouraged him to donate millions to politicans — including to a PAC she chaired — via other FTX executives, according to a lawsuit seen by Insider.

Lawyers handling the crypto exchange's bankruptcy case are suing Bankman-Fried's parents, Joe Bankman and Barbara Fried, accusing them of siphoning millions of dollars from company funds.