Sam Bankman-Fried Appeals Judge’s Decision to Reveal Names of His $250M Bond Backers

Judge Lewis Kaplan ruled early last week that the two currently unidentified people who co-signed the bond could be made public.

AccessTimeIconFeb 7, 2023 at 8:24 p.m. UTC
Updated Feb 7, 2023 at 8:40 p.m. UTC

Former FTX chief Sam Bankman-Fried has appealed a judge’s decision to allow the identities of the two currently unidentified people who co-signed his $250 million bail bond to be made public, according to a filing made on Tuesday. It was already known that Bankman-Fried’s parents also co-signed the bond, but the other names were kept private.

U.S. District Judge Lewis Kaplan ruled early last week in favor of four separate petitions by a number of news organizations seeking the names of these individuals, who signed onto the bond earlier this month.

Now that an appeal has been filed, Kaplan's ruling has been stayed until at least Feb. 14.

A slew of media companies, including the Wall Street Journal, Bloomberg and CoinDesk, had filed suit to get the court to release the identities of the two people, saying that “the public’s interest in this matter cannot be overstated.”

Bankman-Fried’s lawyers had argued the possibility of physical threats to the parties were reasons to keep their identities private.

UPDATE (Feb. 7, 19:46 UTC): Updates information about the stay on the ruling.


Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Nelson Wang

Nelson Wang was CoinDesk's news editor for the East Coast. He holds BTC and ETH above CoinDesk's disclosure threshold of $1,000.

Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to to register and buy your pass now.