![SBF's Parents Ask Court to Dismiss FTX's Lawsuit Seeking to New York Stock Exchange with banner flagging ProShares Bitcoin Strategy ETF on the day it started trading.](https://btcusa.com/wp-content/uploads/2024/01/SBFs-Parents-Ask-Court-to-Dismiss-FTXs-Lawsuit-Seeking-to-678x381.jpg)
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Bankman and Fried, both professors at Stanford Law School, argued that Bankman did not have a fiduciary relationship with FTX and did not serve “as a director, officer, or manager,” and even if a fiduciary relationship existed with FTX to plausibly allege a breach, according to a Jan 15. court filing.
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