Odaily Planet Daily News On Tuesday, Stanford University was discovered to have entanglements with the FTX Fund after FTX debtors sued Sam-Bankman-Fried’s parents. Stanford University received more than $5.5 million in donations from the FTX Group, which it said were donated directly to the University of California by SBF's father, longtime Stanford faculty member Joe Bankman.
A spokesperson for Stanford University said: "Gifts that Stanford University has received from the FTX Foundation and FTX-related companies have been primarily used for epidemic-related prevention and research. We have been in discussions with attorneys for the FTX debtors to return these gifts and we will Full refund of funds." (Blockworks)