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Mr. Sanon worked with Mr. Bankman on a financial literacy initiative for low-to-moderate-income adults enrolled in education programs. As part of the collaboration, students who did not have bank accounts could open one linked to FTX’s platform, giving them the option to spend their money on cryptocurrency. Nobody was pushed to buy digital currencies through FTX, Mr. Sanon said, but one participant chose to do so. Chavie Weisberger was 25 and desperate to leave her unhappy marriage when she walked into a Hasidic beth din in a Borough Park living room in 2008.
Our purpose is to ensure that individuals become life-long learners and have the opportunity to maximize their potential to become productive and responsible members of society. It is amazing to think that we are closing in on August already, it seems like the time has flown by since the last day of school. Even though it is summertime, things have been very busy around GPS over the last several weeks.
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The sudden collapse of the crypto exchange has left the industry stunned. Long before their son became a billionaire celebrity, Mr. Bankman and Ms. Fried were popular faculty members at Stanford, where they have taught since the late 1980s. At their home on campus, they regularly hosted Sunday dinners with friends and colleagues, which multiple attendees compared to a modern salon.
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Weber proudly parented her two older sons through graduation at Yeshiva Mesivta Arugath Habosem, and the only change has been in her religious affiliation and her new career as a paid yeshiva critic,” Mr. Bamberger said. Having married a promising Talmudic scholar, Ms. Weber moved with her growing family to Israel so he could study there. But after they returned to Monsey, an Hasidic enclave north of New York City, tensions in her marriage began to mount. Like many Hasidic women, Ms. Weber was discouraged from driving around the suburban town, but she fought with her husband until she got a car. “A lot of these cases that we see today, the parents started off on the same page, and they were on the same page for many years,” said Mr. Friedlander.
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Eligibility for any state supported grants in New York is determined by a combination of financial need, academic achievement, course of study and college of attendance. The courts, three-judge arbitration panels of rabbis and other community leaders, can function as informal arms of the Hasidic leadership. The New York State Educational Opportunity Program – The Educational Opportunity Program is funded by the state, and administered through the financial aid departments of participating colleges.
Some women who have settled divorces in Hasidic beth dins told The Times they were willing to sign almost anything to finalize the split, including dense documents dictating how and where their children would be educated. Some said they signed without fully understanding what they were committing to. Perhaps no barrier to moving children out of Hasidic schools is more significant than the rabbinical court system known as the beth din. Ten lawyers who handle Hasidic divorces in the state court system told The Times they had seen a marked uptick in cases in which education was a major issue, pointing to several dozen in the past decade. The true number of such cases, however, is not known because they almost always play out in family court proceedings, the records of which are not public. And still more are resolved in the beth din before they can even make it to New York State courts.
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Her divorce agreement gave her ex-husband control over where their three children went to school, even though Ms. Weisberger got physical custody. Ms. Weisberger’s father-in-law had hired one attorney to represent both parties, she said. Hasidic beth dins tend to be less transparent than other rabbinical courts, and some Hasidic yeshivas require parents to bring disputes to a beth din that is aligned with religious leaders. Some Hasidic yeshivas tell parents that they can only resolve disputes in the community’s rabbinical court system, called the beth din, rather than the secular courts. Many Hasidic boys’ schools offer secular education only for children between the ages of 8 and 12.
But when she got home from work each afternoon, she was reminded that her youngest child’s nonreligious education was sorely lacking. At one point, she said, Aaron’s schoolwork consisted of copying single-digit numbers and letters. For the first 30 or so years of Beatrice Weber’s life, she did what was expected of her, starting with her engagement to a young man whom she had met only three times before, sitting across from him at her parents’ dining room table.
The family faces huge legal bills, and they have become the subject of gossip on Stanford’s campus. He and his wife, the Stanford Law professor Barbara Fried, were more than just supportive parents backing their child’s business. Mr. Bankman was a paid FTX employee who traveled frequently to the Bahamas, where the exchange was based. Ms. Fried did not work for the company, but her son was among the donors in a political advocacy network that she orchestrated. So she filed a complaint with the state Education Department in 2019, accusing Aaron’s school, Yeshiva Mesivta Arugath Habosem in Williamsburg, Brooklyn, of breaking the law by not offering an adequate secular education.
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