| In SDNY Neil Phillips Freed on $15
Million Bond With Co Signers Public Unlike
SBF
By Matthew
Russell Lee, Patreon Maxwell
Book
SDNY MAG COURT
EXCLUSIVE, Jan 5 - In
the U.S. District Court for
the Southern District of New
York on January 5, a detention
or bond proceeding was held by
Magistrate Judge Sarah Netburn
on Neil Phillips, charged with
commodities fraud for
manipulating the exchange rate
of the South African rand and
US dollar.
Inner City Press
was the only media in the Mag
Court, and has filed to unseal
the names of the bond
co-signers of Samuel
Bankman-Fried in SDNY. Related
Mag Court live-tweeted
thread (more on Patreon
here)
vlog here
The US
Attorney's Office had agreed
to a bond package with
Phillips, as it had with
Bankman-Fried. In Phillips'
case it is a $15 million bond
with three publicly named
co-signers, two of whom are
putting up $250,000 cash.
By
contrast, Sam Bankman-Fried is
trying to keep his two
co-signers secret - the US
Attorney's Office "takes no
position" - and there is no
cash put up.
The
US Attorney's Office is
allowing Phillips to fly back
to the UK, and leave his UK
passport there with Pallas
Partners law firm. The
co-signers are: Alan Jacobson,
Anthony Robertson and Beverly
Lynn Jacobson.
So who are
Bankman-Fried's co-signers?
And why is he being given
special treatment?
This case is US
v. Phillips, 22-cr-138 (Abrams
/ Netburn)
***
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