The media demanded to reveal the anonymous guarantors of Sam Bankman-Freed – Cryptonium News

The media demanded to reveal the anonymous guarantors of Sam Bankman-Freed

A group of leading publications has appealed to Arbitrator Lewis Kaplan of the Southern District of New York, seeking disclosure of two individuals who acted as sureties for Sam Bankman Freed’s (SBF) bail.

The documents were filed by the law firm of Davis Wright Tremaine on behalf of the publishers of the Associated Press, Bloomberg, Financial Times, CNBC, Reuters, Insider, The Wall Street Journal and The Washington Post. They said disclosure would be in the public interest given the burden of the allegations against the founders of FTX.

Attorneys for the group have indicated that they intend to attend the hearing and outline their own arrangement.

Implications of the Collapse of FTX and Alameda Research for the Virtual Currency Industry
On December 12, Bahamian authorities detained Bankman-Friede at the request of the U.S. government. South American prosecutors charged him with eight criminal offenses as part of an investigation into the exchange debacle; the SBF has not accepted the charges.

On December 23, the FTX founder was released on $250 million bail. His guardian and two others acted as sureties. His lawyer later asked that his name not be revealed for security reasons. Kaplan granted the motion, but acknowledged that a global news company would have the opportunity to contest the advice.

Recall that in January 2023, the U.S. Department of Justice seized 55, 273, 469 Robinhood promotions as part of the Bankman-Friede case. All totals cannot be loaded.

Cryptonium Editors