SBF Attempts To Keep Bond Sureties Off The Record—Who Co-Signed His $250 Mil Bond?

January 3, 2023 11:44 am Comments

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…

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:

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.


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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