In a Filing to the Federal court, the lawyers for the former FTX CEO said the three men got out of the Car subsequent to hitting the barricade and told a safety officer guarding the home: “You will not have the option to stop us.”
The unidentified trio were then able to drive away before safety officers could record the car’s license plate.
The incident was described in a report. Court filing that said it underscored the security risks faced by the FTX founder and those connected to him, including the two people who secured Bankman-Fried’s $250 million bond.:
“Given the notoriety of this case and the exceptional media attention it is receiving, it is reasonable to assume that the non-parent guarantees will also confront significant privacy and security concerns if their characters are unveiled.”
The lawyers didn’t specify the date or time they claim forwhen the incident took place.
On Jan. 12, lawyers addressing some of the biggest English-language news sources — including Bloomberg, CNBC, Reuters and the Financial Times — composed a letter to U.S. District Court judge Lewis Kaplan mentioning the names of the guarantors.
The public’s right to know Bankman-Fried’s guarantors was argued to outweigh their privacy and safety rights by the media lawyers.
Considering that Bankman-Fried shares close ties to some of the wealthiest and most politically connected people on the planet, the lawyers argued that such non-disclosure could undermine public confidence in U.S. government institutions.
Bankman-Fried was extradited to the U.S. in December and pleaded not guilty to each of the eight fraud and conspiracy-based charges laid against him on Jan. 3.
All charges relate to his alleged contribution in FTX’s catastrophic collapse in November. The controversial figure stays detained at home at his parent’s California home until his trial date, which is set for Oct. 2.
More Stories
Circle Launches Cross-Chain USDC Move Protocol For Ethereum, Avalanche
Blockchain Association Files Further FOIA Demands Over Banking Closures
US Congress To Introduce New Draft Bill For Stablecoins