Fri. Jul 5th, 2024

REVEALED: Sam Bankman-Fried’s Mystery Bail Co-Signers<!-- wp:html --><p>REUTERS/Mike Segar</p> <p>A New York judge abruptly revealed on Wednesday the identities of two people who helped secure <a href="https://www.thedailybeast.com/sam-bankman-fried-launches-substack-i-didnt-steal-funds">Sam Bankman-Fried’s</a> massive bail <a href="https://www.thedailybeast.com/sam-bankman-fried-will-likely-face-jury-after-pleading-not-guilty">agreement</a>. The <a href="https://www.thedailybeast.com/sam-bankman-fried-will-likely-face-jury-after-pleading-not-guilty">FTX founder</a>’s legal team had previously fought attempts to identify the individuals, but they ultimately chose not to pursue an appeal, a person familiar with the matter told The Daily Beast. </p> <p>The two individuals are Andreas Paepcke, who signed a $200,000 bond, and Larry Kramer, who signed a $500,000 bond.</p> <p>Kramer is a family friend and the former dean of Stanford Law School. In December, he <a href="https://www.nytimes.com/2022/12/12/technology/sbf-parents-ftx-collapse.html">spoke to <em>The New York Times</em></a><em> </em>about the reputational damage Bankman-Fried’s indictment has caused his parents, who have also worked as Stanford Law professors.<strong> </strong></p> <p><a href="https://www.thedailybeast.com/revealed-sam-bankmans-fried-mystery-bail-co-signers?source=articles&via=rss">Read more at The Daily Beast.</a></p><!-- /wp:html -->

REUTERS/Mike Segar

A New York judge abruptly revealed on Wednesday the identities of two people who helped secure Sam Bankman-Fried’s massive bail agreement. The FTX founder’s legal team had previously fought attempts to identify the individuals, but they ultimately chose not to pursue an appeal, a person familiar with the matter told The Daily Beast.

The two individuals are Andreas Paepcke, who signed a $200,000 bond, and Larry Kramer, who signed a $500,000 bond.

Kramer is a family friend and the former dean of Stanford Law School. In December, he spoke to The New York Times about the reputational damage Bankman-Fried’s indictment has caused his parents, who have also worked as Stanford Law professors.

Read more at The Daily Beast.

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