- A federal judge ordered Sam Bankman-Fried’s bond documents to be unsealed earlier today.&
- The documents revealed the names of the bond’s co-signers, which were initially redacted.&
- The co-signers were revealed to be Stanford Research Director Andreas Paepcke and former Dean Larry Kramer.&
- Both of them co-signed Sam Bankman-Fried’s $250 million bond last year, putting up hundreds of thousands of dollars.&
The names of the co-signers of Sam Bankman-Fried’s $250 million bond were revealed earlier today after Judge Lewis Kaplan of the District Court for the Southern District of New York ordered the document to be unsealed.&
Decorated Stanford scholars co-signed SBF’s bond
According to an update by& Inner City Press, Judge Kaplan ordered the names in the bond to be unredacted after SBF’s lawyers failed to file a notice in the appeals court. The lawyers had indicated that they would appeal against the unsealing motion filed by Inner City Press on 3 January 2023.&
As per unsealed documents published by Inner City Press, the co-signers were& Andreas Paepcke& and& Larry Kramer. Paepcke is a Senior Research Scientist and Director for Data Analytics at Stanford University. He put up $200,000 while co-signing the& unsecured bond. Larry Kramer is dean emeritus of Stanford Law School, and he put up $500,000 while co-signing the bond. Paepcke did not return a request for comment.&
Interestingly, SBF’s parents, Joseph Bankman and Barbara Fried are professors at Stanford University’s law school. The disgraced FTX CEO was& released& into their custody in December last year after they signed a $250 million bond. At the time, Nicholas Roos, the prosecutor in this case, described it as the “largest pre-trial bond ever”. SBF’s parents had put up equity in their $25 million Palo Alto house while signing the bond.&
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