| FTX
Bankman-Fried
Bond Co
Signers
Ordered
Unsealed But
Stayed to Feb
7 For Appeal
By Matthew
Russell Lee, Patreon Maxwell
book
SDNY COURTHOUSE,
Jan 30 –
Sam
Bankman-Fried
of FTX was
indicted in
the U.S.
District Court
for the
Southern
District of
New York,
leading to his
arrest in the
Bahamas on
December 12, and
extradition to
the US on
December 21.
He was
released on
$250 million
bond - and
reappeared on
January 3, see
below -
with the
requirement of
co-signers.
But
he wants them
secret:
"LETTER MOTION
addressed to
Judge Lewis A.
Kaplan from
Mark S. Cohen
dated January
3, 2023 re:
Request to
Redact Names
and
Identifying
Information
for Certain
Bail Sureties
. Document
filed by
Samuel
Bankman-Fried.
(Cohen, Mark)." Six
page letter on
Patreon here -
Inner
City Press nearly
immediately opposed,
here. That
was Docket
Number 31.
Even after
that, other
defendants had
their
co-signers
named in open
court, like
hedge funder
and fraud
defendant Neil
Phillips, here.
On
January 30,
Judge Kaplan
granted the
motion to
unseal - but
stayed the
order until
February 7 to allow
for an appeal.
Inner
City Press
(Matthew
Russell Lee,
intervenor pro
se) unloaded the
order to DocumentCloud here
On
January 11,
Judge Kaplan
gave
Bankman-Fried
until January
19 to respond:
ORDER as to
Samuel
Bankman-Fried,
Zixiao (Gary)
Wang, Caroline
Ellison: Any
papers in
response to
Dkts 31 and 40
and any
subsequent
filings with
respect to
redaction of
the names of
sureties on
appearance
bonds for
defendant
Bankman-Fried
shall be filed
no later than
January 19,
2023."
Bankman-Fried
waited
until past 8
pm on January
19 to file - and then
doubled down
on secrecy.
Letter on
Inner City
Press' Patreon here.
And now its
DocumentCloud
here.
He through his
lawyer who
previously represented
Ghislaine
Maxwell argues
this secrecy
is "the normal
course" - it
is not. Only
recently a hedge
funder charge
with manipulating
the price of the
South African
rand had his co-signers'
names and
amounts read
out in open
court. See here.
SBF wants
special
treatment, as
he's used to
getting from
Congress and
regulators. He
says "the
Government
consents. Should it?
Watch this
site.
***
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