A car with three occupants recently drove into a fence outside the California home owned by the parents of Sam Bankman-Fried, an apparent attempt to gain access to the property. which holds the foundation of the crypto exchange FTX.
Bankman-Fried’s attorneys announced this in a letter written Thursday to US District Court Judge Lewis A. Kaplan, who is presiding over the criminal case against Bankman-Fried. He is facing charges that he defrauded investors and stole customer deposits on his cryptocurrency trading platform, using some of the money to make large donations to US politicians.
Bankman-Fried pleaded not guilty last month, and was released on $250 million bail pending trial at the parent’s home in Palo. Alto, California. Lawyers responded to a request by several media outlets to release the names of two people other than Bankman-Fried’s parents who agreed to sign the document.
The lawyers, Mark Cohen and Chris Everdell, in part argue that the court should not release the names because doing so may endanger the safety of individuals. As evidence, they cited an incident in which a black car drove into a metal fence built outside Bankman-Fried’s home. According to the lawyer, three men got out of the car and told a police officer “something like: ‘You can’t keep us out.'”
The three men got back into the car and drove off. Neither the men nor the car were identified, said the lawyer.
“Given the popularity of this issue and the media attention it receives, it is reasonable to assume that the (two signatories of the agreement) will also face significant concerns. for privacy and security if their identities are revealed,” the lawyers wrote.
Eight media outlets, including the Associated Press, said the names should be released because of the seriousness of Bankman-Fried’s crimes and because there is a legal precedent for releasing the names of bail bondsmen. .
“However, the public is eager to know who gave Mr. Bankman-Fried a financial support after this great accusation of fraud and politics, especially because of the closeness of Mr. Bankman-Fried and financial industry leaders, investors. , prominent Silicon Valley billionaires, and elected officials,” the outlet wrote in a letter to Judge Kaplan on January 12.