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Thursday, February 9, 2023

Sam Bankman-Fried Faces Security Threat After 3 Men Try to Cause Harm

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Embattled crypto-knight Sam Bankman-Fried is reportedly facing a security risk after three men drove into a metal barricade outside of his home in California, his lawyers filed in a Manhattan federal court.

“You won’t be able to keep us out,” the unidentified men said to a security guard as they got back in the vehicle and drove away.

Where Sam Bankman-Fried will be under house arrest after $250M bail

Christian Everdell from New York law firm Cohen & Gresser said the 30-year-old disgraced one-time billionaire and his parents are targets of “actual efforts to cause harm to them,” requesting that US District Judge Lewis Kaplan reject the notion to unseal documents revealing the guarantors of Bankman-Fried’s $250,000,000 bail.

The men have not been identified neither did his lawyers reveal when the incident occurred but only said “recent.”

The scare comes after customers of the fallen crypto exchange and bankrupt FTX, demand billions of dollars allegedly defrauded by Bankman-Fried. At last court hearing, it was revealed a million customers were affected and many lost their life savings.

Bankman-Fried lives in the home with his parents Joseph Bankman and Barbara Fried since December when he was extradited from the Bahamas to New York, where he was released on bail when his parents put up their 1.8 million dollar home as equity.

The 30-year-old was accused of his involvement in some shady dealings of funneling billions of dollars to his sister company Alameda Research.

He pleaded not guilty and returns to court in October to face trial.

 

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