I'd love to know what his parents think of what he's doing. They're law professors at Stanford; they have to be aware of how utterly stupid this is, don't they?

His parents were signatories on a beach front house bought with 10m of FTX funds. That’s all you need to know about his parents.

I imagine his parents, in addition to giving him standard "don't do public speeches about the bad things you've done" lawyer advice, probably also wouldn't have recommended he drop out of Jane Street, make large arbitrage bets on crypto, set up a exchange without proper controls and take money out of that to bet on other cryptos. He may or may not be on very good terms with them, but I don't think he's been following their advice on big decisions for a while...

He’s literally living in their basement, he can’t be on that bad of terms with them.

His father is reportedly conflict-averse to the extreme and his mother wrote an article saying free will doesn't exist therefore people aren't responsible for their crimes.

I wonder if those two facts are connected.

Have you spent much time with humanities academics? I would make no such assumptions.

They're lawyers and law professors, not humanities academics.

at least in UK universities law is a humanities discipline. perhaps it is different there

For the most part, American law school professors are actual lawyers with hard experience in their area of expertise. That appears to be the case for Bankman-Fried's parents.