Sam Bankman-Fried’s Bail Co-Signers Exposed
The co-signers of the $250 million bail for Sam Bankman-Fried have been officially revealed, following an order from Judge Lewis Kaplan. The identities of the co-signers had previously been concealed, but a motion to unseal the documents was requested by Inner City Press earlier this year. The judge has now revealed that the two co-signers are Larry Kramer, the former Dean of Stanford Law School, and Andreas Paepcke, a Stanford Research Scientist.
JUST IN: SBF’s $250 million bail was funded by former Dean of Stanford Law School Larry Kramer & Stanford Research Scientist Andreas Paepcke.
— Watcher.Guru (@WatcherGuru) February 15, 2023
Ties to Stanford Law School
Unsealed documents reveal that Paepcke provided $200,000 of the bail, while Kramer provided $500,000. Both co-signers have a connection to Stanford University, where both of Bankman-Fried’s parents were employed at Stanford Law School.
Bankman-Fried, the former CEO of FTX, was arrested and extradited to the United States in November, and the identity of those responsible for funding his bail has been a matter of speculation since then. With the identity of the co-signers now known, it is clear that they are both connected to Bankman-Fried’s family and to Stanford University.
Stanford Scientist Funded FTX CEO’s Bail
Larry Kramer, who was Dean of Stanford Law School from 2004 to 2012, is currently the president of the William and Flora Hewlett Foundation. Andreas Paepcke is a research scientist at Stanford University, where he has been involved in a number of projects focused on data management and computer science.
The revelation of the co-signers’ identities is likely to fuel further speculation and discussion about Bankman-Fried’s case. It remains to be seen what impact, if any, this information will have on the ongoing legal proceedings. However, the fact that both co-signers are prominent figures at Stanford University, where Bankman-Fried’s parents worked, is sure to raise questions about the relationship between the parties involved.
