A US federal judge has ruled in favor of news organizations and ordered the disclosure of the co-signers of Sam Bankman-Fried’s $250 million bail bond.
Bankman-Fried, the founder of FTX, was arrested and charged with fraud and other crimes. The judge stated that the information sought, the names of the bail co-signers, is traditionally considered public information.
The judge postponed his order until February 7th to allow for a possible appeal. Bankman-Fried’s lawyers had argued that revealing the identities could put the individuals at risk.
Bankman-Fried has pleaded not guilty to eight charges, including money laundering, and his trial is set for October.
FTX’s attorneys have also requested permission from the bankruptcy court to issue subpoenas to former top executives and advisors who may hold crucial information for the recovery of funds.