The car went into the fence outside Bankman-Fried’s home, prosecutors said

NEW YORK, Jan 19 (Reuters) – A car drove into a metal fence outside Sam Bankman-Fried’s California home, his lawyers said on Thursday, in what recent events they say highlight the security risks facing the FTX platform and those who ensure its security. back to court.

In a filing in Manhattan federal court, attorneys for the 30-year-old billionaire said three men got out of the car and told a police officer patrolling the Palo Alto home, “You can’t keep us out.” The men, who have not been identified, then got back into the car and drove off.

Bankman-Fried, arrested last month on fraud and conspiracy charges related to the currency crash, is under house arrest at her parents’ home until her October trial. 2. Prosecutors say he stole billions of dollars from clients to cover losses in his hedge fund.

He has it not guilty.

The lawyers, Mark Cohen and Christian Everdell, did not confirm when the accident happened, explaining that it was not long ago.

Lawyers raised the incident in response to a push by several media outlets, including Reuters, to to reveal the names two people who helped secure Bankman-Fried’s bond with her parents, both Stanford Law School professors, put their homes up as collateral for $250 million bond.

The news organization argued last week that the public’s right to know two people for sure outweighs their right to safety. Bankman-Fried’s attorneys said that the media “has overestimated the possibility” and disregarded the safety of the witnesses.

“Given the prominence of this case and the media exposure it is receiving, it is reasonable to assume that non-parents will face privacy and security concerns if their information is disclosed,” the Cohen and Everdell wrote in their letter to US District Judge Lewis Kaplan.

Prosecutors have not made a decision on whether or not to inform the defendants, Bankman-Fried’s attorneys wrote in the filing. A spokeswoman for the U.S. Attorney’s office in Manhattan declined to comment.

Prosecutors interviewed and confirmed the two men on Jan. 4, Cohen and Everdell wrote. They posted two more sureties after posting $500,000 and $200,000 bonds. That amount represents the amount they will pay if Bankman-Fried does not appear in court.

(This article has been revised to remove an extra apostrophe from billion billion in paragraph 2)

Luc Cohen reports in New York; Edited by William Mallard, Robert Birsel

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