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Illustration: Brendan Lynch/Axios
A New York federal judge dominated on Monday that the identities of the 2 people placing up collateral for former FTX CEO Sam Bankman-Fried’s bail bond (along with his dad and mom) should be unsealed, pending any appeals.
Why it issues: Several information organizations requested the court docket to unseal their identities, arguing it is within the public’s curiosity.
What they’re saying: “[T]he data sought — i.e., the names of bail sureties — historically is public data. The non-parental bail sureties have entered voluntarily right into a extremely publicized felony continuing by signing the Individual Bonds,” writes the judge.
Flashback: Bankman-Fried was released on a $250 million bond final month, along with his dad and mom home in Palo Alto, Calif. as a part of the collateral.
The different facet: Lawyers for Bankman-Fried had initially requested that their identities be stored personal for his or her security and safety.
Details: Parties have till 5pm on Feb. 7 to file any objections to the choice. If there are any, they will have till Feb. 14 to use to the Court of Appeals to additional keep the choice.
- The two people signed their bond sureties on Jan. 25 and 27, for $500,000 and $200,000 respectively.
