Wednesday, February 15, 2023

Bankman-Fried's Bail Guarantors Revealed

The previously sealed names of two people who co-signed Sam Bankman-Fried’s $250 million bail package have been publicly released. 

The guarantors were identified in the unredacted bonds as Andreas Paepcke, a Stanford research scientist...

...and Larry Kramer, former dean of Stanford law school...

Both Bankman-Fried’s parents teach at Stanford.

Kramer has publicly spoken about the Bankman-Frieds, described by NYTimes as a family friend...

The identities of the guarantors were released on Wednesday after Judge Lewis A. Kaplan ruled in favor of an application from various media organizations, including Bloomberg, objecting to the information being kept a secret.

Which leaves us with one simple question - how the fuck did these Stanford faculty members get so rich as to guarantee that size of a bail?

Developing...

https://www.zerohedge.com/crypto/bankman-frieds-bail-guarantors-revealed

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