Bankman-Fried’s lawyers say car rammed into barricade outside parents’ home, seek bail: report

Recently three people in a car broke a metal barricade outside the house co-founder of FTX Samuel Bankman-FriedThe parents of, according to court documents filed by attorneys.

“When the security guard on duty confronted them, the men said something like: ‘You won’t be able to keep us out,'” the lawyers wrote. To Bloomberg.

The security guard was unable to get the license plate of the car before it left.

Lawyers argued that the incident highlights the need to keep secret the identities of the two men willing to put up money to secure the Bankman-Fried bond.

The 30-year-old FTX founder has been accused of orchestrating a years-long fraud in which he allegedly used billions of dollars of FTX customer funds for personal expenses and high-risk bets through a sister exchange. Trading House, Alameda Research,

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The cryptocurrency exchange has since collapsed into bankruptcy. Bankman-Fried was released on a $250 million bail package, which required two people—not her parents—with “substantial” assets to also post security.

The crypto entrepreneur had asked the judge to keep the names of those involved a secret in order to protect them from possible harassment.

Media organizations have asked the judge Their identities will remain confidential until a judge rules on the request to make the names public, however.

In a separate filing, lawyers said one of the unnamed people had agreed to put up $200,000 as security, while the other would put up $500,000 as part of the bail package.

The judge approved the arrangement, which was agreed upon by prosecutors and Bankman-Fried’s legal team.

The case is US v. Bankman-Fried, 22-Cr-673, US District Court, Southern District New York (Manhattan).

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