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Sam Bankman-Fried Appeals Judge’s Decision to Reveal Names of His $250M Bond Backers
Judge Lewis Kaplan ruled early last week that the two currently unidentified people who co-signed the bond could be made public.
Former FTX chief Sam Bankman-Fried has appealed a judge’s decision to allow the identities of the two currently unidentified people who co-signed his $250 million bail bond to be made public, according to a filing made on Tuesday. It was already known that Bankman-Fried’s parents also co-signed the bond, but the other names were kept private.
U.S. District Judge Lewis Kaplan ruled early last week in favor of four separate petitions by a number of news organizations seeking the names of these individuals, who signed onto the bond earlier this month.
STORY CONTINUES BELOW
Now that an appeal has been filed, Kaplan's ruling has been stayed until at least Feb. 14.
A slew of media companies, including the Wall Street Journal, Bloomberg and CoinDesk, had filed suit to get the court to release the identities of the two people, saying that “the public’s interest in this matter cannot be overstated.”
Bankman-Fried’s lawyers had argued the possibility of physical threats to the parties were reasons to keep their identities private.
UPDATE (Feb. 7, 19:46 UTC): Updates information about the stay on the ruling.
Nelson Wang
Nelson edits features and opinion stories and was previously CoinDesk’s U.S. News Editor for the East Coast. He has also been an editor at Unchained and DL News, and prior to working at CoinDesk, he was the technology stocks editor and consumer stocks editor at TheStreet. He has also held editing positions at Yahoo.com and Condé Nast Portfolio’s website, and was the content director for aMedia, an Asian American media company. Nelson grew up on Long Island, New York and went to Harvard College, earning a degree in Social Studies. He holds BTC, ETH and SOL above CoinDesk’s disclosure threshold of $1,000.
