The legal filing accuses law professors Joe Bankman and Barbara Fried, associated with FTX Group, of misappropriating funds and using their positions to support their personal causes, including political contributions.

The filing alleges significant financial contributions to causes favored by Fried. While the exact total of misappropriation is unspecified, the accusations include potential expenses such as expensive hotel stays, plane tickets, and salaries.

Bankman received substantial sums, including an annual salary, a property purchase, and donations to Stanford University. Additionally, Bankman's involvement in a last-minute attempt to sell FTX to Binance is detailed. Sam Bankman-Fried, central to the controversy, is preparing for trial while in custody.

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