<p>Two academics at <a href="https://www.dailywire.com/topic/stanford-university" target="_blank" rel="noopener">Stanford University</a> secured the $250 million bond on behalf of former FTX CEO <a href="http://dailywire.com/topic/sam-bankman-fried" target="_blank" rel="noopener">Sam Bankman-Fried</a> ahead of his trial, court documents revealed on Wednesday.</p>
<p>Bankman-Fried pleaded <a href="https://www.dailywire.com/news/sam-bankman-fried-pleads-not-guilty-allowed-to-conceal-who-is-securing-his-250-million-bond" target="_blank" rel="noopener">not guilty</a> last month to eight charges, including conspiracy to commit wire fraud, conspiracy to commit securities fraud, and conspiracy to defraud the Federal Election Commission through campaign finance violations. His <a href="http://dailywire.com/topic/cryptocurrency" target="_blank" rel="noopener">cryptocurrency</a> empire collapsed at the end of last year after users and investors learned that FTX had improperly commingled funds with sister trading company Alameda Research.</p>
<p>Mark Cohen, a lawyer for Bankman-Fried who previously <a href="https://www.dailywire.com/news/sam-bankman-fried-hires-attorney-who-defended-epstein-confidant-ghislaine-maxwell" target="_blank" rel="noopener">defended</a> Jeffrey Epstein confidant Ghislaine Maxwell, initially succeeded in requesting that the identities of two unknown individuals who secured the bond remain sealed. Judge Lewis Kaplan of the Southern District of New York later ruled that the names could be made public.</p>
<p>Court documents showed that Larry Kramer, the <a href="https://law.stanford.edu/directory/larry-kramer/" target="_blank" rel="noopener">dean</a> emeritus of Stanford Law School and president of the William and Flora Hewlett Foundation, and Andreas Paepcke, a senior research <a href="https://profiles.stanford.edu/andreas-paepcke" target="_blank" rel="noopener">scientist</a> at Stanford University, were the two individuals who secured the bond. Kramer <a href="https://www.courtlistener.com/docket/66631291/71/united-states-v-bankman-fried/" target="_blank" rel="noopener">signed</a> a $500,000 bond, while Paepcke signed a $200,000 bond; Joseph Bankman and Barbara Fried, the parents of Sam Bankman-Fried and former Stanford Law School professors, also <a href="https://s3.documentcloud.org/documents/23654880/unsealed-ftx-bankman-fried-bond-signed-by-stanford-law-dean-kramer-paepcke-press-unsealed-it-paepcke-here.pdf" target="_blank" rel="noopener">secured</a> the bond with the equity in their northern California home.</p>
<p>Kramer said in a <a href="https://www.cnn.com/2023/02/15/business/sam-bankman-fried-bail-cosigners-stanford/index.html" target="_blank" rel="noopener">statement</a> to CNN that he has counted Bankman and Fried as close friends for nearly three decades. “During the past two years, while my family faced a harrowing battle with cancer, they have been the truest of friends,” he remarked, adding that there was no “interest in this matter other than to help our loyal and steadfast friends.”</p>
<p>None of the parties will have to pay any amount unless Bankman-Fried does not appear in court proceedings. The disgraced entrepreneur is currently staying in his parents’ home, which is worth approximately $4 million and features <a href="https://www.dailywire.com/news/the-4-million-california-home-where-sam-bankman-fried-is-spending-his-house-arrest" target="_blank" rel="noopener">amenities</a> such as three baths, wall-to-wall windows, a study, a gated pool, and a lawn lined by palm trees.</p>
<p>Bankman-Fried, who claimed that he lost his entire multibillion-dollar fortune as FTX collapsed, was originally denied bail due to the significant flight risk he posed.</p>
<p>Federal prosecutors <a href="https://www.dailywire.com/news/sam-bankman-fried-attempted-to-tamper-with-witness-prosecutors-allege" target="_blank" rel="noopener">requested</a> last month that Bankman-Fried become subject to more restrictions during his pretrial release after he allegedly tried to tamper with a witness through the encrypted messaging platform Signal. He reportedly told the current general counsel of FTX US in a message that he “would really love to reconnect and see if there’s a way for us to have a constructive relationship, use each other as resources when possible, or at least vet things with each other.” United States Attorney Damian Williams from the Southern District of New York wrote that the request to “vet things with each other” is suggestive of an attempt to impact the witness’s testimony, while the “constructive relationship” appeal is an invitation to cooperate.</p>
<p>Bankman-Fried generated controversy beyond the cryptocurrency sector because of his <a href="https://www.dailywire.com/news/sam-bankman-fried-and-allies-gave-money-to-one-in-three-congress-members-heres-what-they-did-with-it" target="_blank" rel="noopener">extensive ties</a> to politicians and government officials. He contributed $39 million to Democratic campaigns ahead of the 2022 midterm elections after emerging as the second-largest donor for the Biden campaign in the 2020 cycle; he was granted four <a href="https://www.dailywire.com/news/sam-bankman-fried-visited-biden-white-house-four-times-ahead-of-his-arrest" target="_blank" rel="noopener">meetings</a> at the White House in the months before his company filed for bankruptcy.</p>

<script async src="https://www.instagram.com/embed.js"></script>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<script async src="https://www.tiktok.com/embed.js"></script><div data-widget-host="revcontent" data-pub-id="165152" data-widget-id="290588"></div><script src="https://delivery.revcontent.com/165152/290588/widget.js"></script>

Court Reveals Identities Of The People Who Secured Sam Bankman-Fried’s $250 Million Bond

CONTINUE READING

Bud Light Sales Continue To Plummet, May Soon Lose Status As Number-One Beer

‘Profoundly Christian’: Former Head Of Anglican Church Presses British Government To Endorse Assisted Suicide

Ben Shapiro Reacts To Debt Limit Deal, Hits Both Democrats And Republicans Over Spending Habits

‘The Chosen’ Defends Pride Flag Spotted On Set: ‘Let The Show Speak For Itself’

Chick-Fil-A Faces Backlash As Their Diversity Efforts Resurface, Other Woke Brands Take Beating

North Korea Sentenced Two-Year-Old To Life In Prison After Family Caught With Bible: State Department

News

2020 Election

2022 Election

2022 Midterms

Crime

Fraud

Politics

Sam Bankman-Fried

Stanford University

A video goes viral showing a baby being refused his mother by two gay "dads". This is just the tip of the iceberg, which is why we will have an important discussion today about surrogacy. 

Hour 1

The Matt Walsh Show

Ep. 1765 - This Video Is One Of The Worst Things I've Seen In A Long Time 

The Strait of Hormuz officially opens for business (kind of), the Pope makes “shocking” comments on immigration, and President Trump promises UFO disclosure at TPUSA. 


The Michael Knowles Show

Ep. 1956 -  Pope Leo's "SHOCKING" Immigration Comments EXPLAINED

A false miscreed has corrupted our leadership class.


The Andrew Klavan Show

Ep. 1275 - Dumb, Dumber and Progressive

President Trump announces a 10-day ceasefire between Lebanon and Israel, a murder-suicide involving former Democratic Lieutenant Governor Justin Fairfax shakes Virginia, and France and Britain hold a conference to secure the Strait of Hormuz – after the Iranian conflict ends. Get the facts first with Morning Wire.

- - -

Ep. 2738

- - -

Wake up with new Morning Wire merch: https://bit.ly/4lIubt3

- - -

Today's Sponsors:

Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text 'WIRE' to 83848 to learn more.

Pocket Hose - Text MORNING to 64000 to get a FREE pocket pivot and their 10-pattern sprayer with the purchase of ANY size Copper Head hose. Message and data rates may apply.

Morning Wire

U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26

U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26 [Member Exclusive]

A ceasefire goes into effect between Israel and Lebanon, a tragic murder-suicide rocks Virginia, and Dairy Queen deploys AI in the drive-thru. Get the facts first with Evening Wire.
- - -
Ep. 2737
- - -
Wake up with new Morning Wire merch: https://bit.ly/4lIubt3 
- - -
Today’s Sponsor:

Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text “WIRE” to 83848 to learn more.


Evening Wire: Lebanon Ceasefire Begins & Murder-Suicide Rocks VA | 4.16.26

The Pendragon Cycle

Menu

— News —

Court Reveals Identities Of The People Who Secured Sam Bankman-Fried’s $250 Million Bond