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FTX Founder's Bail Was Co-Signed By 2 Stanford Scholars

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A federal judge has released the names of the guarantors for Sam Bankman-Fried’s $250 million bail deal.

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Larry Kramer, a former dean of Stanford’s law school, and Andreas Paepcke, a Stanford computer scientist, each signed on as guarantors.

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Kramer and Paepcke signed bonds worth $500,000 and $200,000, respectively, while Bankman-Fried’s parents are also guarantors and used their home to secure the bond.

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Kramer described Bankman-Fried’s parents as close friends since the mid-1990s, and he has no business dealings or interest in this matter other than to help them.

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Prosecutors have described Bankman-Fried’s bail deal as one of the largest ever pre-trial bonds.

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Neither Bankman-Fried nor the guarantors will have to pay any amount unless he fails to show up to court.

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The release of the guarantors’ names came a day before Bankman-Fried was set to appear in New York federal court for a bond hearing.

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The court made the documents public after an appeals court failed to rule on an objection from Bankman-Fried’s defense lawyers who sought to keep the names redacted.

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The defense lawyers cited concerns for their privacy and safety.

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The guarantors' names are now available on the public court docket.

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