- Signers were revealed to be Larry Kramer and Andreas Paepcke of Stanford Law School.
- Sam denied either the guarantor received payments from FTX or Alameda in the past.
Crypto influencer Tiffany Fong reveals the names of bail guarantors for fallen CEO Sam Bankman-Fried in her latest tweet. Furthermore, the signers were revealed to be Larry Kramer, former dean, and Andreas Paepcke, a computer scientist at Stanford Law School.
Tiffany Fong took to her Twitter handle to announce the names of SBF’s bail guarantors. Kramer signed for $500K and Paepcke signed for $200K out of the $250 million bail. Additionally, she engages with the responses of her followers opining, “smash all bail guarantors, always.”
However, Fong adds:
In our last conversation, Sam denied that either guarantor has received payments from FTX or Alameda in the past.
For the unversed, these elite school faculties, along with his parents, were the four guarantors who helped keep SBF out of jail in December. They ensured Sam Bankman-Fried’s cooperation with pretrial detention requirements on the personal recognizance bond.
According to reports, Joe Bankman and Barbara Fried, Sam Bankman-Fried’s parents, were close friends of Kramer and his wife since the mid-1990s. SBF’s parents had been the truest of friends to Kramer and his family while Kramer’s family was facing the turmoil of their own.
Moreover, Kramer said he was acting in a personal capacity and has had nothing but interest to help and support their loyal and steadfast friends as SBF’s parents face their own crisis. Paepcke, a Harvard University graduate and holder of a Ph.D. in computer science did not immediately respond to a request for comment.
Following an unsealing motion from media companies, the names of two of SBF’s guarantors were revealed on Wednesday, by a Manhattan Federal Judge. District Judge Lewis Kaplan, of the Southern District of New York, passed this ruling after SBF’s attorneys filed a notice they would appeal, but did not file the actual appeal.