Sam Bankman-Fried's mama asked him for $92,000-- to be delivered within a day. I can (kind of) associate.

 


Earlier this week, I located myself momentarily as a parent I am not happy with. My youngster shed a tooth right prior to going to bed, and the Tooth Fairy located herself completely out of cash money (who brings money currently?!).

So, at night of evening, I snuck right into my kid's piggy bank, stole a messed up $5 bill, and positioned it under my sleeping angel's pillow. Yes, I felt terrible.

( A note for him when he's old enough to google his mama and encounters this: Kid, allowed's speak about this.).

Somehow, I thought of my turn as the Tooth Fairy/piggy bank debtor when I check out The Wall Street Journal's scoop released Friday regarding Sam Bankman-Fried and the political contributions his firm funded. The Journal said these contributions were fairly a.

" household event.".

The tale mentioned something that may otherwise appear unrelatable to the majority of moms and dads: striking your youngster up for a substantial piece of money.

The Journal took a look at emails that had previously not been reported where Joe Bankman and Barbara Fried talked about political contributions. (Their associates didn't right away return my request for comment.) It's a difficult story, which you ought to review, however this part is what really stuck out to me, where SBF's mom e-mails him and an additional FTX director, Nihad Singh:.

Bankman-Fried's mom likewise routed spending from her kid's crypto lot of money. "Hi Sam and Nishad: Can I hit you people up for $92K (by tomorrow if at all feasible!) to close the gaps on two projects we have dedicated to fund as part of our brand-new Research Initiative?" Fried wrote in an August 2021 email.

She determined a pair of progressive-leaning groups, New Virginia Majority and Activate America. "Certain," Bankman-Fried responded.

As a mom that has "borrowed" money from her own kid's piggy bank, I can relate. The joyful e-mail, the slangy phrasing of asking to "strike you people up" for the cash, the added exclamation point inside a parenthesis-- I connect! Simply ... maybe not the part regarding it being $92,000.

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