Identity Revealed 2 SBF Guarantors Other Than His Parents Are Outstanding People
Key Points:
- The identities of two other SBF guarantors besides his parents have been revealed.
- These people contributed $700,000 to return SBF to freedom.
- These people are senior researchers and former deans of Stanford Law School, where SBF’s parents work.
A federal judge has decided the names of the co-signers of Sam Bankman-Fried’s bonds should be disclosed after Bankman-Fried failed to file an appeal with the court of appeals. The other two SBF guarantors are high-status people and close to the parents of the former FTX executive.
District Judge Lewis Kaplan of the Southern District of New York initially ruled in favor of news organizations, arguing that the names of Bankman-Fried signatories were in the public interest plus, but did not issue a ruling pending an appeal. While Bankman-Fried’s attorneys sent notices that they would appeal, they have not filed a substantive appeal, the judge said in a new ruling Wednesday.
The signatories were revealed to be Andreas Paepcke and Larry Kramer of Stanford University, who donated $200,000 and $500,000, respectively. Bankman-Fried’s parents are Stanford professors. Paepcke is a senior research scientist, while Kramer is a former dean of Stanford Law School.
Larry Kramer, former dean of Stanford Law School, said he signed the bail release for former FTX CEO Sam Bankman-Fried (SBF) because SBF’s parents helped him and his family cope with the crisis cancer, so let’s hope to be able to respond this way.
Kramer said that over the past two years, SBF’s parents, Joe Bankman and Barbara Fried, have provided food and emotional support as his family battled cancer and regularly helped with the issues and emergencies. Kramer stressed that he was not affected by any payments made to him by any FTX-related organization as a guarantee.
“Joe Bankman and Barbara Fried have been close friends of my wife and me since the mid-1990s. During the past two years, while my family faced a harrowing battle with cancer, they have been the truest of friends – bringing food, providing moral support, and frequently stepping in at a moment’s notice to help. In turn, we have sought to support them as they face their crisis,”
He said to CoinDesk.
Kramer added that this was his act without any commercial transactions or interests.
SBF was arrested in December but released on a $250 million bond. His parents signed a bond with their Stanford house as collateral.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
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Identity Revealed 2 SBF Guarantors Other Than His Parents Are Outstanding People
Key Points:
- The identities of two other SBF guarantors besides his parents have been revealed.
- These people contributed $700,000 to return SBF to freedom.
- These people are senior researchers and former deans of Stanford Law School, where SBF’s parents work.
A federal judge has decided the names of the co-signers of Sam Bankman-Fried’s bonds should be disclosed after Bankman-Fried failed to file an appeal with the court of appeals. The other two SBF guarantors are high-status people and close to the parents of the former FTX executive.
District Judge Lewis Kaplan of the Southern District of New York initially ruled in favor of news organizations, arguing that the names of Bankman-Fried signatories were in the public interest plus, but did not issue a ruling pending an appeal. While Bankman-Fried’s attorneys sent notices that they would appeal, they have not filed a substantive appeal, the judge said in a new ruling Wednesday.
The signatories were revealed to be Andreas Paepcke and Larry Kramer of Stanford University, who donated $200,000 and $500,000, respectively. Bankman-Fried’s parents are Stanford professors. Paepcke is a senior research scientist, while Kramer is a former dean of Stanford Law School.
Larry Kramer, former dean of Stanford Law School, said he signed the bail release for former FTX CEO Sam Bankman-Fried (SBF) because SBF’s parents helped him and his family cope with the crisis cancer, so let’s hope to be able to respond this way.
Kramer said that over the past two years, SBF’s parents, Joe Bankman and Barbara Fried, have provided food and emotional support as his family battled cancer and regularly helped with the issues and emergencies. Kramer stressed that he was not affected by any payments made to him by any FTX-related organization as a guarantee.
“Joe Bankman and Barbara Fried have been close friends of my wife and me since the mid-1990s. During the past two years, while my family faced a harrowing battle with cancer, they have been the truest of friends – bringing food, providing moral support, and frequently stepping in at a moment’s notice to help. In turn, we have sought to support them as they face their crisis,”
He said to CoinDesk.
Kramer added that this was his act without any commercial transactions or interests.
SBF was arrested in December but released on a $250 million bond. His parents signed a bond with their Stanford house as collateral.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
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