{"id":18932,"date":"2023-01-30T17:45:51","date_gmt":"2023-01-31T01:45:51","guid":{"rendered":"https:\/\/coinnetworknews.com\/sam-bankman-frieds-250m-bail-guarantors-to-be-made-public-says-judge\/"},"modified":"2023-01-30T17:45:51","modified_gmt":"2023-01-31T01:45:51","slug":"sam-bankman-frieds-250m-bail-guarantors-to-be-made-public-says-judge","status":"publish","type":"post","link":"https:\/\/coinnetworknews.com\/sam-bankman-frieds-250m-bail-guarantors-to-be-made-public-says-judge\/","title":{"rendered":"Sam Bankman-Fried’s $250M bail guarantors to be made public, says judge"},"content":{"rendered":"

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The two people who helped former FTX CEO Sam Bankman-Fried with his $250 million bail bond could have their identities revealed next month after a recent ruling by United States District Judge Lewis Kaplan.<\/p>\n

According to the Jan. 30 filing, Kaplan granted the application to reveal the names of the two individuals to the public. <\/p>\n

However, Judge Kaplan has given Bankman-Fried’s legal counsel until Feb. 7 to appeal. <\/p>\n

Bankman-Fried was released from custody in December<\/a> 2022 after two unknown people signed on as sureties for the $250 million bond along with Bankman-Fried’s parents,\u00a0Joseph Bankman and Barbara Fried.<\/p>\n

Eight major media companies, including Bloomberg, the Financial Times and Reuters, demanded public disclosure of the two individuals<\/a> responsible for guaranteeing the bond in a Jan. 12 letter<\/a> addressed to New York District Court Judge Lewis Kaplan.<\/p>\n

Related: <\/em><\/strong>Sam Bankman-Fried: \u2018I didn\u2019t steal funds, and I certainly didn\u2019t stash billions away\u2019<\/em><\/strong><\/a><\/p>\n

Attorneys from Davis Wright Tremaine LLP, acting on behalf of the media giants, argued that \u201cthe public\u2019s right to know Bankman-Fried\u2019s guarantors outweighed their privacy and safety rights.\u201d<\/p>\n

Bankman-Fried\u2019s lawyers had continued to argue that the identities should be kept a secret, fearing the individuals would face harassment<\/a>. <\/p>\n