Bloomberg, WSJ, CoinDesk Among The Media Outlets That Want to Know Who Bailed Out Sam Bankman Fried

A large number of media outlets have taken legal action in order to disclose the identities of two non-parental partners who co-signed Sam Bankman Fried’s $250 million bail bond.

Bankman-Fried, who was involved in the collapse and remand of crypto exchange FTX was taken into custody in the Bahamas. He was then extradited back to the U.S. where he will face a range of federal prosecutors. In December, a U.S. judge released Bankman-Fried from jail on $250 million bail. This bail was backed by his parents as well as two other people who were not his attorneys. requested remain anonymousYou can also use this form to protest privacy and safety concerns.

“The public’s interest in this matter cannot be overstated,” said one filing Thursday’s complaint was made to U.S. District judge Lewis Kaplan in New York for the Associated Press and Bloomberg. “Mr. Bankman Fried stands accused of one of the most extensive financial frauds ever committed.”

“Any purported interest in keeping these names secret or private is outweighed by the tremendous public interest in the identities of these individuals,” law firm Kolis said in a separate legal filing CoinDesk.

According to the filing, “The public has an obvious and powerful interest in whom these allies may also be,” it continued. “The risk of illegitimacy and public scandal cannot be evaluated without knowing who Bankman-Fried’s guarantors are.”

The New York Times did a separate filing Wednesday, the same issue.

Bankman-Fried’s lawyers have cited physical threats It was necessary to keep the details private. He pleaded guilty to all charges, including wire fraud and money laundering. He was released on bail Dec. 22.

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