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FTX: Names of Sam Bankman-Fried's bailiffs to be released

 


A recent court ruling may soon lead to the identification of the two individuals who assisted former FTX CEO Sam Bankman-Fried (SBF) in posting his enormous $250 million bail.


According to court documents dated January 30, presiding judge Lewis Kaplan has now decided to grant the joint request of eight media outlets who had expressed "the public interest" in the names of the two aides.


Kaplan emphasized that the decision was not final, as Bankman-Fried's counsel had until February 7 to file an appeal. The judge even makes the assumption that "an objection is likely," so he moves up the deadline for the opposing party to submit an objection to February 14.


In December, Bankman-Fried was freed on bail after two unnamed people helped post the $250 million bail along with SBF's parents, Joseph Bankman and Barbara Fried.


The names of the people in question should be made public, according to eight major news organizations and publications, including Bloomberg, Financial Times, and Reuters. The corresponding application was delivered on January 12.


The law firm Davis Wright Tremaine LLP asserts that "the public's interest in the names of the aides outweighs their right to privacy," on behalf of the news organizations in the case. ".


The FTX founder, his parents, and friends were already the subject of threats, according to SBF's legal team, so the names had to be kept a secret.


Despite his belief in the existence of such threats, Judge Kaplan is wary of drawing the conclusion that bail agents will inevitably come under scrutiny.


"It is not implied that the other bailiff officers would experience the same threats. ".

This suggests that Bankman-Fried's parents were the ones who were put under pressure because of their close relationship with their son and the father's advisory role in the business practices of FTX.

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