The court gave the go-ahead to the publicity of individuals who posted bail for the ex-CEO of FTX

Reporters recently asked U.S. District Judge Lewis Kaplan for information about two individuals who posted $250,000,000 bail for Sam Bankman-Freed. He gave his permission for the disclosure of this information, while giving the ex-CEO of FTX the opportunity to challenge this decision.

Lawyers defending the SBF side have until February 7 to challenge the decision, so if they find good reasons in a week to keep this information secret, then the media may not get the information they need. Lewis Kaplan is almost certain that the lawyers acting on behalf of the former CEO of FTX will not be able to meet the deadline and will file an appeal to extend this deadline until February 14th. In 2 weeks it will be easier for them to achieve their goal, although the likelihood of this is not so great.

The petition for disclosure was drafted collectively. Such well-known publications as Bloomberg, Reuters, CNBC, Associated Press, Financial Times, Washington Post, Insider and Dow Jones turned to Lewis Kaplan with a request. Journalists assure the judge that the public has the right to know who supported the person who, through his actions, caused enormous damage to cryptocurrency investors. In addition, they said that all people know about the connections of the former FTX CEO with Silicon Valley billionaires.

Sam Bankman-Freed's lawyers have already come out against the journalists. They contend that disclosure of such information could infringe on the rights and privacy of those who helped the SBF get out of jail on bail. In addition, after the disclosure of such information, their security may be in question due to quite obvious reasons. Lawyers also mentioned the fact that Bankman-Fried's parents had already begun receiving threatening letters in various ways.

The judge told the lawyers that he understands the situation and the potential threat from angry ex-FTX clients, and because of this, gives them the opportunity to challenge the decision, but he has not yet found material evidence regarding the danger. He also noted that if Sam Bankman-Freed's parents receive threats, then the people who pledged $250,000,000 for the freedom of the SBF could, in theory, avoid such a fate.