The legal team behind former FTX chief executive officer Sam Bankman-Fried has petitioned a court to redact certain information on individuals acting as sureties for his $250-million bond, citing threats made against his family.
In a letter dated Jan. 3 filed to Judge Lewis Kaplan for the United States District Court in the Southern District of New York, Bankman-Fried’s legal team requested the court order “names and other identifying information” of two bail sureties not be disclosed to the public and redacted from bonds once they were signed on Jan. 5. Mark Cohen of the law firm Cohen & Gresser said that if the individuals’ personal information were to be available, they could be subject to similar harassment as the former FTX CEO’s parents, Barbara Fried and Joseph Bankman.
“In recent weeks, Mr. Bankman-Fried’s parents have become the target of intense media scrutiny, harassment, and threats,” said Cohen. “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.”
Fried and Bankman secured their son’s release on bail in December with a $250-million bond, using the equity of their Palo Alto home in which Bankman-Fried is currently under house arrest. Cohen cited legal precedent that the lack of public disclosure around others willing to financially back SBF would “preserve higher values” and not hamper the court’s judicial power:
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