The identities of the Sam-Bankman-Fried bond co-signers have been revealed to be prominent figures at Stanford University.
The identity of the SBF bond co-signers is made public
Stanford University Andreas Paepcke and larry kramer have been revealed as the co-signers of the Sam Bankman-Fried bond, according to a recent ruling from the Southern District of New York.
Sam Bankman-Fried (SBF), the founder of the now-defunct FTX exchange, was arrested in December 2022 and later released on $250 million bail, co-signed by his parents and two other previously undisclosed parties.
SBF’s defense requested on January 3 that the identities of the other two people who served as guarantors be kept confidential. His lawyers argued that revealing the names of the two remaining bondsmen could lead to media scrutiny and harassment, even though they have no substantial connection to the case.
Several news and media outlets filed petitions with the US District Jury to release the identities of the two individuals. On January 30, the federal district judge overseeing Bankman-Fried’s legal proceedings, Lewis Kaplan, approved these petitions.
Although the ruling was pending appeal until February 7, SBF’s lawyers did not appeal.
The names, now made public, are former Stanford Law School dean Larry Kramer and Stanford research scientist Andreas Paepcke, who contributed hundreds of thousands of dollars to secure SBF’s publication.
The disclosure of the signatories further highlights the close nature of the relationship between FTX Trading and Stanford University, the latter of which received millions of dollars in company donations from SBF.
