Two secret names have emerged behind the $ 250 million bail of Sam Bankman-Fried (SBF), the founder of bankrupt FTX.
After the suspected bankruptcy of FTX in the Bahamas arrested and SBF extradited to the USA, in the US court $250 million bail signatories came to light. of SBF 250 million dollars signing to be released on bail two of the four names are their parents but the other two names were kept secret throughout the court process.
Between them Associated Press, Bloomberg, financial times, Reuters On the other hand, a group of press organizations with names such as people objected to this situation and demanded that their names be shared in line with the public’s right to information. District Judge for the Southern District of New York Lewis Kaplan In line with this request, which was approved by the Turned out to be Andreas Paepcke and Larry Kramer from Stanford University.
SBF’s $250 million bail, according to the records. Paepcke $200,000, Kramer is $500,000. provided support. On the other hand, it did not go unnoticed that SBF’s parents were also lecturers at Stanford.
Paepcke chose not to comment on the matter, while Kramer told Bankman-Fried’s parents. His friendship with Barbara Fried and Joseph BankmanHe said he directed him to pay SBF’s bail:
Joe Bankman and Barbara Fried have been close friends of my wife and I since the mid-1990s. Over the past two years, they have been the truest of friends as my family has been grieving a painful battle with cancer. They brought food, provided moral support, and often instantly stepped in to help. We tried to support them as they faced their own crises.
SBF at his parents’ home in California continues to live under house arrest.