On Thursday, FTX leadership filed a new lawsuit against Sam Bankman-Fried (SBF) and other FTX senior executives in bankruptcy court, alleging that SBF’s father funded SBF’s defense through illegal loans from the company. FTX Group lawyers allege that SBF had previously transferred $10 million of FTX US funds into his personal account on the platform and transferred the funds a minute later to an FTX US account in his father’s name. SBF’s father then transferred nearly $7 million into his personal accounts at Morgan Stanley and TD Ameritrade. The lawyer claims that SBF is now using leftover funds he gave to his father to fund his own criminal defense. Foresight News previously quoted Bloomberg as reporting that FTX sued SBF, FTX co-founder and CTO Gary Wang, former engineering director Nishad Singh, and Alameda Research co-CEO Caroline Ellison over $1 billion in improper transactions. They were accused of making various fraudulent transfers that benefited them personally but did nothing for FTX.