Sam Bankman-Fried Appeals Judge’s Decision to Make Co-Signers of $250 Million Bail Bond Public 

Sam BankmanFried, the former chief of FTX, has filed an appeal against a judge‘s decision to make the identities of the two people who cosigned his $250 million bail bond public. It was already known that BankmanFried‘s parents had cosigned the bond, but the other names had been kept private. The appeal was filed on Tuesday, and BankmanFried is hoping to keep the identities of the two cosigners confidential. The outcome of the appeal could have a major impact on the future of BankmanFried and the two cosigners.

Judge Kaplan Rules in Favor of News Organizations

U.S. District Judge Lewis Kaplan ruled early last week in favor of four separate petitions by a number of news organizations seeking the names of individuals who had signed onto a bond earlier this month. This ruling was a major victory for the news organizations, who had been denied access to the information. However, an appeal has been filed, and the ruling has been stayed until at least Feb. 14. This ruling is important for the news organizations, as it gives them the opportunity to access the information they need to report on the bond and its signatories. It is also an important step in ensuring that the public has access to the information they need to make informed decisions.

Court Rejects Request to Keep Identities of Two People Private

The Wall Street Journal, Bloomberg and CoinDesk have recently filed a lawsuit in court to obtain the identities of two people. The media companies argued that the public‘s interest in the matter is of utmost importance and should not be overlooked. However, the lawyers of BankmanFried argued that the possibility of physical threats to the parties should be taken into consideration and their identities should remain private. The court has rejected the request and the identities of the two people will be released.

 

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Victor Fields
Started out as a journalist in finance, intrigued by blockchain and have been covering major development of the space since. With strong believe in transparency and mass education, general public deserves the access to information.