FTX: Who are SBF's $250M bond guarantors?
The entire world is witnessing the ordeal that followed suit after the collapse of FTX . As Sam Bankman-Fried sits under house arrest and pens down an elaborate blog post, media houses across the globe were evidently curious. Back in December, SBF was granted a $250 million bail. It has been recognized as the highest pre-trial bail bond in the history of the United States. Considering the magnitude of the bail, the judge reportedly asked two other individuals of “considerable means” to sign the bond. However, the identities of these guarantors were undisclosed. Contesting the same, eight media houses including the Associated Press, Bloomberg, CNBC, Dow Jones, The Financial Times, Insider, and the Washington Post wrote a letter to the New York District Court Judge Lewis Kaplan. Attorneys from Davis Wright Tremaine LLP were representing these media houses. According to the letter, the attorneys argued that the public entailed the right to know the guarantors of SBF . The...