The Chicago Entrepreneur

Sam Bankman-Fried asks court to redact names of bail co-signers

In a court filing, former FTX CEO Sam Bankman-Fried asked to redact the names of the co-signers to his $250 million bail. The filing said the U.S. government has not taken a position on the request and that it’s being done to protect the privacy and safety of the sureties. The filing said the two remaining sureties have yet to sign their individual bonds, the amounts of which have not yet been determined, but plan to do so by the Thursday deadline. “In recent weeks, Mr. Bankman-Fried’s parents have become the target of intense media scrutiny, harassment, and threats. Among other things, Mr. 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,” says the filing to U.S. District Court Judge Lewis A. Kaplan.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Previous post Warner Bros. Discovery signs audience measurement deal with startup Nielsen rival VideoAmp
Next post Need to Know: Here’s how the most important dispute hanging over the crypto industry may play out, says industry watcher