Posted on 02/15/2023 11:39:44 AM PST by thegagline
A former dean of Stanford's law school and a computer science researcher at the university co-signed indicted FTX cryptocurrency exchange founder Sam Bankman-Fried's bond, according to court records made public on Wednesday.
Bankman-Fried, 30, has pleaded not guilty to fraud charges over the collapse of the now-bankrupt cryptocurrency exchange. He has been out on $250 million bond co-signed by his parents, Joseph Bankman and Barbara Fried, who pledged their Palo Alto, California, home as collateral for his return to court.
His parents are both professors at Stanford Law School. The names of two other sureties had been redacted until Wednesday, when U.S. District Judge Lewis Kaplan ordered their identities be made public.
An individual named Larry Kramer signed a $500,000 bond to ensure Bankman-Fried's return to court, while an individual named Andreas Paepcke signed a $200,000 bond, the newly-unredacted records showed.
According to Stanford's website, Kramer is a former dean of the law school while Paepcke is a computer science researcher. Paepcke did not immediately respond to a request for comment. Kramer could not immediately be reached for comment.
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(Excerpt) Read more at reuters.com ...
Fried:
Andreas Paepcke:
Larry Kramer:
None of this comes close to 250 mil.
L
Stanford University and Law School are intricately wrapped up into this immense Sam Banking-Fraud fraud, perhaps the biggest fraud of all time, not counting the whole Crovid-19-virus shamblesshenanigansbioweaponmurders.
Nor, the more common 10% of the bond, which would be $25 Mil.
“Nor, the more common 10% of the bond, which would be $25 Mil.”
And that’s what SBF would have to pay a bondsman who would be on the hook for the whole 250 million if SBF skipped out. So now there’s not even a bondsman to make sure he goes to court.
CAN an ordinary person call in a BOUNTY HUNTER like DOG???
He should be held in jail with no bond—and his parents should join him.
he basically did what Jon Corzine did ...
How sweet. His main funder recently taught “Reimagining Capitalism”:
https://law.stanford.edu/courses/discussion-1l-reimagining-capitalism/
I was watching a Congressional Hearing on CSPAN that covered this topic and they had me on the floor laughing when they claimed...
drumroll...
Minorities hardest hit!
I kid you not.
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