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.
The Judge rules that the identities of the 2 people who helped secure SBF’s $250 million bail can be made public.
— Crypto Crib (@Crypto_Crib_) January 31, 2023