FTX sued Joseph Bankman and Barbara Fried for misappropriating millions

Stanford University will be returning "gifts," purportedly worth millions of dollars.

FTX was allegedly orchestrated by Sam Bankman, according to a Bloomberg report.

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The FTX Group sued Bankman and Fried for including $5.5 million in donations to Stanford University.

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The FTX debtors to recover these gifts and we will be returning the funds in their entirety.

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Stanford received gifts from the FTX Foundation and companies for prevention and research.

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The founder and former CEO of FTX, is preparing for a trial next month from behind bars.

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Joe and Barbara undermine the jury process just days before their child's trial begins.

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Attorneys for the parents said in a joint statement to CoinDesk after FTX sued them.

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