Falling like a bomb on the agenda FTXarrested after the sinking of SBFThe names of those who paid bail were allowed to be released.
FTXfounder and former CEO of the cryptocurrency exchange Sam Bankman-Fried New decisions continue to come in the ongoing case of (SBF). The last decision, however, allowed the judge to reveal who paid bail to SBF.
Judge Allows Release of Names Who Bail SBF
The biggest event that put the crypto money industry in trouble in 2022 was the bankruptcy of FTX. The already difficult year has been even more stalemate after FTX and its subsidiaries filed for bankruptcy.
FTXaccused in the case Sam Bankman-FriedThe judge approved the announcement of the names who paid the bail of (SBF).
According to court documents, among those who financed the bail fee, SBF Apart from ‘s parents, Stanford University research scientist Andreas Paepcke and former dean of Stanford Law School Larry Kramer. These two names have signed the 250 million dollar bond as guarantor.
Court documents released on February 15 revealed that the two previously unnamed individuals were Andreas Paepcke, a senior research scientist at Stanford University, and Larry Kramer, a former dean of the Stanford Law School. It was revealed that the duo signed the bail agreement on January 25 for $200,000 and $500,000, respectively.