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Us Judge Rules, Bail Poster Should Be Named in Sam Bankman-fried Case

People who posted Sam Bankman-Fried’s bail should be named, U.S. judge rules

On Monday, the judge said that the name of the two persons, who guarantee bail for FTX founder Sam Bankman-Fried, should be publicized. However, he held his ruling for expected appeal until February 07.

The judge said it was due to the questions of many top spokespersons, who want the name of guarantors for SBF bail. The representatives of SBF declined the comment. SBF is currently living in his parent’s home in California after he is found not guilty under the accusations of fraud and looting billion of dollars of FTX customers.

Both of his parents are professors at Stanford Law School. They have co-signed a $250 million bond for their son, with 2 other guarantees required to sign $500 and $250 million bonds.

His parents are continuously under pressure after the November collapse. They are continuously receiving threat letters from the public. In such a situation, if the names of guarantors are public, then their security will be at stack.

Written by Aly Bukshi

The editorial staff at IPIN is a team of news publishing experts led by Aly Bakshi. We publish interesting and informative news/articles all over the world. Our aim is to provide readers with the latest and most up-to-date information possible.