A judge ordered the unsealing of Sam Bankman-Fried's 2 anonymous bail sponsors — but says they have a week to appeal
against Bankman-Fried, including wire fraud and conspiracy charges, in what they characterized as an effort to"misappropriate billions of dollars" of FTX customer funds. in December with Caroline Ellison, the former CEO of Bankman-Fried's separate firm Alameda Research, and with FTX co-founder Gary Wang.
In his Monday decision, Kaplan weighed whether the bail documents qualified as"judicial documents" that normally have a presumption of public access, and considered whether the sponsors had countervailing privacy interests. "If the names of the non-parental sureties are disclosed, it is reasonable to assume that those individuals would become subject to publicity that they would prefer not to attract," Kaplan wrote."That is entitled to some consideration, especially in a case which has the notoriety that this one has attracted."Sign up for notifications from Insider! Stay up to date with what you want to know.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
FTX’s Sam Bankman-Fried, DOJ tussle over his communicationsFederal prosecutors are trying to prohibit Bankman-Fried from privately contacting current and former employees to prevent potential witness tampering.
Read more »
FTX’s Sam Bankman-Fried, DOJ tussle over his communicationsFederal prosecutors are trying to prohibit FTX founder Sam Bankman-Fried from contacting current and former employees of the bankrupt cryptocurrency exchange to prevent potential witness tampering.
Read more »
Prosecutors seek to cut off Sam Bankman-Fried’s access to FTX employees amid trialProsecutors are seeking to block former FTX CEO Sam Bankman-Fried from contacting any of his company's current or former employees without a lawyer present.
Read more »
Who is Coffeezilla, the crypto sleuth that says he exposed Sam Bankman-Fried?Who is Coffeezilla, the crypto detective who says he got Sam Bankman-Fried to admit to fraud?
Read more »
Prosecutors look to block Sam Bankman-Fried from contacting FTX employees over witness tampering concernsFederal prosecutors are trying to block FTX founder Sam Bankman-Fried from communicating with current or former employees of FTX over witness tampering concerns.
Read more »