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Initially offered $200,000 annually at FTX, Bankman sought $1 million, even involving SBF’s mother in the negotiations. 
A new court <a href="https://storage.courtlistener.com/recap/gov.uscourts.deb.188450/gov.uscourts.deb.188450.2642.0.pdf" target="_blank" rel="noopener noreferrer nofollow">filing</a> reveals that Sam Bankman-Fried’s (<a href="https://crypto.news/sbf-to-appeal-for-jail-release-ahead-of-oct-3-trial/" rel="noopener noreferrer nofollow">SBF</a>) father was unhappy with his salary at FTX, so he dragged SBF’s mother into the discussion to “enrich themselves.” 
Per the court filing, Joseph Bankman had an initial salary of $200,000 yearly at FTX before the collapse. Still, he desired a $1 million annual compensation for his involvement in the company.&nbsp; 
 You might also like: <a href="https://crypto.news/ftx-sues-sbfs-parents-over-misappropriating-millions-of-dollars/" rel="noopener noreferrer nofollow"> FTX sues SBF’s parents over misappropriating ‘millions’ of dollars </a> 
Moreover, Bankman pulled Barbara Fried, SBF’s mother, into the discussion to get the desired salary.&nbsp; 
<blockquote class="wp-block-quote"> 
 “Gee, Sam I don’t know what to say here. This is the first [I] have heard of the 200K a year salary! Putting Barbara on this.” <cite>Bankman told SBF, per the court filing.</cite> 
</blockquote> 
According to the recent <a href="https://storage.courtlistener.com/recap/gov.uscourts.deb.188450/gov.uscourts.deb.188450.2642.0.pdf" target="_blank" rel="noopener noreferrer nofollow">filing</a>, SBF soon gifted $10 million from funds generated from FTX’s hedge fund, Alameda Research Ltd. In addition, the disgraced CEO “deeded a $16.4 million property in The Bahamas, ” reportedly purchased with FTX Trading money. 
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
 <div class="wp-block-embed__wrapper"> <iframe title="FTX sues Sam Bankman-Fried’s parents to claw back alleged misappropriated funds: CNBC Crypto World" width="1020" height="574" src="https://www.youtube.com/embed/EkNxO6iUsbc?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe> 
 </div> 
</figure> 
Notably, Bankman has assisted FTX regarding the tax filings since he had “decades” of experience in the field and was offered to buy over one million shares of FTX Trading and 4.5 million shares of West Realm Shires, Inc. (WRS).&nbsp; 
The recent filing adds to FTX’s lawsuit against SBF’s parents, both professors at Stanford Law School, for diverting and manipulating “millions” of dollars and influencing the political donations through Fried’s political action committee, Mind the Gap (MTG). 
 Read more: <a href="https://crypto.news/stanford-university-to-return-millions-received-from-ftx/" rel="noopener noreferrer nofollow"> Stanford University to return millions received from FTX </a>

SBF’s father was unhappy with $200k salary at FTX

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