The collapse of FTX took an allegedly dangerous turn this week, as attorneys for founder Sam Bankman-Fried claimed that a driver crashed a car into the barricade at his parents' home—and that the car's occupants made threatening statements.
According to the letter, which was sent by Bankman-Fried’s attorneys to U.S. Federal Judge Lewis Kaplan on Thursday, a driver recently crashed a black car into the metal barricade outside the home in Palo Alto, California, where he's currently residing on house arrest.
Three unidentified men allegedly got out of the vehicle and told a security guard something to the effect of, “You won’t be able to keep us out,” before driving away. The date of the alleged incident was not specified in the letter.
According to the New York Post, the cost of securing the 3,000-square-foot home—which is estimated to be worth between $3 million and $4 million—near Stanford University is around $10,000 per week. Bankman-Fried’s parents reportedly hired a private security firm for 24/7 protection.
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