SBF Attempts To Keep Bond Sureties Off The Record—Who Co-Signed His $250 Mil Bond?
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January 3, 2023 11:44 am
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Less than 2 weeks ago, we reported that Sam Bankman-Fried walked free on a $250,000,000 bond.
This effectively means that Bankman-Fried did not actually have to pay any money to be released, but, rather, someone—reportedly his parents, put up collateral as a surety for the bond.
It was widely reported that Bankman-Fried’s parents signed their house over as collateral for the bond…
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Despite these reports being widely disseminated, and a matter of public knowledge, SBF’s legal team is attempting to keep the details of the bond sureties off the record.
This attempt to skirt transparency has fueled rumors and speculation over who actually helped SBF by signing the bond agreement…
Previously, Judge Lewis Kaplan recused herself from the case due to a conflict of interest involving her husband and FTX—but not before laying out the terms of the bond and his subsequent release.
Here’s what everyone is saying:
JUST IN: Sam Bankman-Fried's Lawyers Ask Court to Conceal Identities of $250M Bail Co-Signers
How convenient 🤡@OANN
— CaitlinSinclairTV (@CSinclairtv) January 3, 2023
Tyrus: "FTX Founder Sam Bankman-Fried is back at his parents' house…after being released on a $250 million dollar bond…I guess they're not worried he'll jump bail because that involves, well, jumping…Bankman-Fried has to wear a 'kankle' monitor." pic.twitter.com/lKBmIOcLn4
— Daily Caller (@DailyCaller) December 28, 2022
According to Ethereum World News:
Bankman-Fried’s court representatives submitted a letter motion in a bid to keep two of Sam’s bail co-signers a secret. Bankman-Fried’s lawyers requested a “limited modification to one portion of the bail conditions”, said the letter sent to U.S. Judge Lewis Kaplan and the criminal court.
Bankman-Fried’s lawyers asked the court to redact the two remaining names of the bail bond co-signers. SBF’s legal counsel also requested that the U.S. government keep the names of the individuals private as well.
Sam Bankman-Fried is out on bond, not bail. Which means he didn’t have to pay any money to be released.
— whalechart.org (@WhaleChart) December 26, 2022
The judge who gave Sam Bankman-Fried a sweetheart no-cash bail deal is married to a lawyer from a firm that represents FTX. Only after agreeing to the bail deal did she decide to recuse herself. Maybe new judge should revisit the deal?https://t.co/nTfsr9h7e0 pic.twitter.com/k2inGhNC8l
— @amuse (@amuse) December 29, 2022
Previously, Reuters reported:
The 30-year-old is expected to be arraigned on the afternoon of Jan. 3, 2023, before U.S. District Judge Lewis Kaplan in Manhattan federal court, court records on Wednesday showed.
Kaplan was assigned to the case on Tuesday, after the original judge recused herself because her husband’s law firm had advised FTX before its collapse.
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