A judge ordered the unsealing of Sam Bankman-Fried's 2 anonymous bail sponsors — but says they have a week to appeal
against Bankman-Fried, including wire fraud and conspiracy charges, in what they characterized as an effort to"misappropriate billions of dollars" of FTX customer funds. in December with Caroline Ellison, the former CEO of Bankman-Fried's separate firm Alameda Research, and with FTX co-founder Gary Wang.
In his Monday decision, Kaplan weighed whether the bail documents qualified as"judicial documents" that normally have a presumption of public access, and considered whether the sponsors had countervailing privacy interests. "If the names of the non-parental sureties are disclosed, it is reasonable to assume that those individuals would become subject to publicity that they would prefer not to attract," Kaplan wrote."That is entitled to some consideration, especially in a case which has the notoriety that this one has attracted."Sign up for notifications from Insider! Stay up to date with what you want to know.
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