Lawyers for Sam Bankman-Fried have asked the court to redact the names and identifying information of the two co-signers, in addition to his parents, for the former FTX CEO's $250 million bail. By iamsandali
Lawyers for Sam Bankman-Fried asked a court to redact the names and identifying information of the two co-signers, in addition to his parents, for the former FTX CEO's $250 million bail, court filings from Tuesday show.
In the filing, the lawyers cited privacy and safety concerns as reasons for requesting the concealment of identities. The lawyers were told the U.S. government takes no position on the request, according to the filing. In the letter addressed to presiding judge Lewis R. Kaplan, attorneys Mark S. Cohen and Christian R. Everdell of Cohen and Gresser LLP said their request is justified because"all information relevant to the Court's oversight of the bail proceedings" – including the conditions for bail – will be public, and that they are only looking to block the public disclosure of identities.
The lawyers also said Bankman-Fried's parents"have received a steady stream of threatening correspondence, including communications expressing a desire that they suffer physical harm. Consequently, there is serious cause for concern that the two additional sureties would face similar intrusions on their privacy as well as threats and harassment if their names appear unredacted on their bonds or their identities are otherwise publicly disclosed.
Following the stunning collapse of his multi-billion dollar crypto enterprise in November last year, Bankman-Fried was indicted by the Southern District of New York on charges that includes money laundering and conspiracy to commit wire fraud. The founder of now-bankrupt crypto exchange FTX was arrested in the Bahamas, and was extradited to the U.S. to face the charges in December.
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