Here is whoever signed Sam Bankman-Frieds deposit of $ 250 million

Here is whoever signed Sam Bankman-Frieds deposit of $ 250 million

The guarantees behind the $ 250 million deposit by Sam Bankman-Fried (SBF) were unveiled after news organizations had received judicial approval in early January.

Both people are high-ranking academics in Stanford, where the parents of the disadvantaged CEO are Jura professors.

Who granted SBF deposit?

The names of the signatories are Larry Kramer and Andreas Paepcke-former dean of the Stanford Law School or computer scientist.

Kramer is President of the William and Flora Hewlett Foundation, a non-profit organization with a wealth of $ 15 billion Online Biography Law. He is also a board member of numerous non -profit organizations such as the National Constitution Center, Independent Sector and the ClimateWorks Foundation.

In the meantime "Use Paepcke data analyzes" to create tools, which according to his own information concentrating on "User interfaces and systems for teaching and learning" Stanford Bio . His hobbies include "piano studies, worries and poetry".

Kramer signed a guarantee for a $ 500,000 bond, while Paepcke signed a $ 200,000 bond. Everyone joins the parents of Bankman Fried to enable Bankman-Fried stay at home with his parents near the university, instead of staying in prison.

font-weight: 400 "> The parents, Joseph Bankman and Barbara Fried, were asked in December as to be partially fulfilled in their house in their house. The house has an estimated value of $ 4 million, but is technically owned by the university.

Together The promises of the four scholars still fade in addition to the $ 250 million price sign, which is connected to the deposit package-which the prosecutors referred to as "greatest pre-judicial deposit ever". In reality, the guarantee is only a "personal recognition agency", which contains the solemn promise of Banksman-Fried and his parents to pay the punishment if it does not appear for negotiation at request.

a friend of the parents

in a opinion Kramer, who was received by CNBC correspondent Eamon Javers, said that he and his wife have been "close friends" of the parents of SBF since the mid-1990s. He said he felt inclined to help the couple because they would have supported their own family in the past two years when they faced a "shocking fight against cancer". Kramer did not comment on the actual laws of the case of SBF.

"My actions take place in my personal property, and I have no business relationships or interest in this matter to help ... he.

SBF has not guilty after being charged because of several fraud cases that were about the embezzlement of FTX user assets for trading in his sister company Alameda Research. Since then he has tried communicate with those involved in the FTX bankruptcy proceedings, but is faced with certain legal restrictions.

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