Following a recent judgment by United States District Judge Lewis Kaplan, the identity of the two people who assisted former FTX CEO Sam Bankman-Fried with his $250 million bail bond could be revealed next month.
According to the Jan. 30 filing, Kaplan allowed a combined petition from eight media outlets to unseal the two persons’ identities “for the limited purpose of claiming the public’s claimed right of access” to the identities. The release of the guarantors names is also not certain, as Kaplan has allowed Bankman-legal Fried’s counsel until February 7 to appeal the judgment.
The court added that a “appeal is expected” and that “if a notice of appeal from this judgment is filed by then,” he would extend the deadline to Feb. 14 to allow for a further stay application. Bankman-Fried was released in December after two unknown individuals signed on as sureties for the $250 million bail, along with Bankman-parents, Fried’s Joseph Bankman and Barbara Fried.
In a letter to District Court Judge Lewis Kaplan dated Jan. 12, eight prominent media businesses, including Bloomberg, the Financial Times, and Reuters, demanded public identification of the two individuals responsible for guaranteeing the bond. Bankman-lawyers, Fried’s on the other hand, have continued to contend that their identities should be kept hidden because his parents have already received threats and the FTX founder and anyone associated with him suffer major security risks.
Kaplan also claimed that Bankman-parents Fried’s were subjected to extreme scrutiny because of their strong relationship with their son and his father’s job at FTX for a year before the exchange’s demise.
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