Their parents’ lives have been shattered. Some of them faced enormous legal bills or suffered reputational damage. Mr. Bankman-Fried’s parents, the Stanford University law professors Joe Bankman and Barbara Fried, were sued by FTX’s bankruptcy estate over their financial entanglements with the company. Ms. Ellison’s parents, who both teach economics at the Massachusetts Institute of Technology, were harassed online and hounded by the news media.
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