Major media want answers: Who guaranteed Bankman-Fried’s $250M bail?

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Major media companies, including Bloomberg, the Financial Times, and Reuters, have demanded public disclosure of the two individuals responsible for guaranteeing SBF's $250 million bond.

Eight major media companies — including Bloomberg, the Financial Times and Reuters — have demanded public disclosure of the two individuals responsible for guaranteeing FTX former CEO Sam Bankman-Fried’s $250 million bond.addressed to New York District Court Judge Lewis Kaplan, attorneys from Davis Wright Tremaine LLP — acting on behalf of the media giants — argued that “the public’s right to know Bankman-Fried’s guarantors outweighed their privacy and safety rights.

"[Particularly] given Mr. Bankman-Fried’s close relationships with leaders of the financial industry, investors, prominent Silicon Valley billionaires, and elected representatives," they argued. The media lawyers also argued that while a 2020 case involving Jeffrey Epstein confidant Ghislaine Maxwell saw her bond guarantors sealed, Bankman-Fried’s alleged financial crimes are not nearly as serious as what Maxwell was accused of:

 

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Unemployed and under house arrest, Sam Bankman-Fried faces enormous legal billsSam Bankman-Fried's legal defense could cost millions of dollars. He got 10 billion usd to spare im sure He just like me poor sam, wtf
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