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The Brothers Bankman-Fried

Gabe Bankman-Fried rode his brother’s reputation, and moolah, to political-donor stardom. Can he survive Sam’s fall?

Last week, Gabe Bankman-Fried—brother of S.B.F.— was threatened with a subpoena by FTX, Sam’s former company.
Last week, Gabe Bankman-Fried—S.B.F.’S younger brother— was threatened with a subpoena by FTX, Sam’s former company. Photo: Ed Jones/AFP via Getty Images
Theodore Schleifer
February 1, 2023

Things got real for Sam Bankman–Fried last year when he was indicted. Things got real for Gabe Bankman-Fried last week when Sam’s former company, FTX, threatened Gabe with a subpoena for failing to cooperate with their investigation. It was, after all, Gabe’s first appearance in a legal filing associated with the collapse of his older brother’s $32 billion crypto empire—the precipitating event that capsized Gabe’s career, too.