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The Independent UK

National

Abe Asher

Sam Bankman-Fried trying to hide identities of ‘people of considerable means’ guaranteeing his $250m bail

Sam Bankman-Fried Joseph Bankman Barbara Fried Ghislaine Maxwell

Copyright 2022 The Associated Press. All rights reserved.

Lawyers for disgraced crypto exchange founder Sam Bankman-Fried filed a letter on Tuesday asking that the names of two people guaranteeing Mr Bankman-Fried’s $250m bail package be kept confidential.

Mr Bankman-Fried was arrested in The Bahamas in November for allegedly misappropriating consumer funds from his FTX crypto exchange to use in other crypto exchanges, buy real estate, and make campaign donations. He is facing, if convicted, up to 115 years in prison.

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