FTX founder Sam Bankman-Fried's two bond guarantors unsealed, both with ties to Stanford

The names of 2 of FTX co-founder Sam Bankman-Fried's guarantors were revealed connected Wednesday, aft an unsealing question from media companies including CNBC was granted by a Manhattan national judge.

Bankman-Fried was released connected $250 cardinal recognizance enslaved successful December aft helium was indicted connected transgression fraud charges. In all, determination were 4 guarantors, including his parents, to guarantee Bankman-Fried's practice with pretrial detention requirements.

The different 2 guarantors are present known to beryllium Larry Kramer, who is president of the William and Flora Hewlett Foundation and dean emeritus astatine Stanford Law School, and Andreas Paepcke, a elder probe idiosyncratic astatine Stanford University. Their names had been sealed, but respective media outlets moved to person their identities made public.

Both of Bankman-Fried's parents, Joe Bankman and Barbara Fried, are connected the module of Stanford. They unrecorded adjacent the university.

"Joe Bankman and Barbara Fried person been adjacent friends of my woman and I since the mid-1990s," Kramer told CNBC's Eamon Javers. "During the past 2 years, portion my household faced a harrowing conflict with cancer, they person been the truest of friends — bringing food, providing motivation support, and often stepping successful astatine moment's announcement to help. In turn, we person sought to enactment them arsenic they look their ain crisis."

Kramer said helium was acting "in my idiosyncratic capacity" and has "no concern dealings oregon involvement successful this substance different than to assistance our loyal and steadfast friends."

Kramer signed a $500,000 unsecured bond, portion Paepcke signed the aforesaid benignant of enslaved for $250,000.

Paepcke, who graduated from Harvard University and has a Ph.D. successful machine subject from a schoolhouse successful Germany, did not instantly respond to a petition for comment.

The lone accusation provided successful the unsealed documentation was the names of the guarantors and the dates they signed the documents. Their names lucifer the identities of 2 Stanford University-associated individuals.

Bankman-Fried's archetypal merchandise was secured by some his household location and by the 2 bonds. The erstwhile crypto billionaire volition instrumentality to New York aboriginal this week for a proceeding earlier a Manhattan national justice implicit his bail conditions, and he's expected to look national proceedings successful October. He pleaded not blameworthy successful January.

— CNBC's Eamon Javers contributed to this report.

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