Names of People Who Posted SBF’s Bond Should be Made Public, US Judge Rules (Report) – Crypto News – Crypto News
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Judge in SBF Case Recuses Herself Citing Possible Conflict of Interset Judge in SBF Case Recuses Herself Citing Possible Conflict of Interset

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Names of People Who Posted SBF’s Bond Should be Made Public, US Judge Rules (Report) – Crypto News

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3 years ago

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Judge Lewis Kaplan in Manhattan reportedly ruled that the names of the two individuals who allowed Sam Bankman-Fried (SBF) to stay at his parents’ house under a $250 million bond should be made public.

The former CEO of FTX faces several charges, including fraud and money laundering. His trial date is set for October 2, 2023.

  • according to a reports ReutersJudge Kaplan ruled in favor of several media outlets, such as Bloomberg, CNBC, and The Washington Post, who insisted that the identities of those people should be disclosed.
  • The names will remain under seal until at least February 7 because “the question presented here is novel and an appeal is likely,” the magistrate outlined.
  • After spending a brief time in a Bahamian jail, the authorities extradited Bankman-Fried to the US, where he was expected to see the prison cell from the inside.
  • However, a New York federal judge ordered that he could live at his parents’ house under a $250 million bond. The 30-year-old must wear an electronic monitoring bracelet and is not allowed to leave the Northern District of California.
  • His attorneys previously declined to reveal the names of the sureties that enabled the bond, arguing they would suffer similar harassment as his parents.
  • The lawyers claimed that Ms. Fried and Mr. Bankman has recently received “a steady stream of threatening correspondence, including communications expressing a desire that they suffer physical harm.”
  • In addition, three mysterious men driving their vehicle into a metal barricade outside their house in California. Upon leaving the scene, they said: “You won’t be able to keep us out.”
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