Sam Bankman-Fried, founder of fallen crypto exchange FTX, has been paying his legal fees from a multi-million dollar gift he gave his father with money borrowed from FTX's sister company, according to Forbes. Bankman-Fried, who has pleaded not guilty to criminal charges including wire fraud, money laundering and securities fraud, is accused of misappropriating FTX customer funds through Alameda Research, the company's trading firm. Bankman-Fried made a large monetary gift to his father, Stanford Law professor Joseph Bankman, which was funded by a loan from Alameda Research, according to Forbes. Lawyers for FTX did not respond to a request for comment.

(By Sarah Emerson and Steven Ehrlich)