The names of two of FTX co-founder Sam Bankman-Fried’s guarantors were revealed on Wednesday, after an unsealing motion from media companies including CNBC was granted by a Manhattan federal judge.
Bankman-Fried was released on $250 million recognizance bond in December after he was indicted on criminal fraud charges.
In all, there were four guarantors, including his parents, to ensure Bankman-Fried’s cooperation with pretrial detention requirements.
The other two guarantors are now known to be Larry Kramer, who just happens to be president of the William and Flora Hewlett Foundation and dean emeritus at Stanford Law School, and Andreas Paepcke, a senior research scientist at Stanford University.
Their names had been sealed, but several media outlets moved to have their identities made public.
Fun fact: Both of Bankman-Fried’s parents, Joe Bankman and Barbara Fried, are on the faculty of Stanford … They live near the university.
So just to sum this up, faculty of one of the most prestigious indoctrination universities in the country has financed the release of one of the greatest financial scammers in the history of the world.
I mean, this is almost as bad as when our current Vice 🤡 President and her fellow deranged associates arranged financing for the release of the thugs that burned down our American cities during the “Summer of Love.”
Where is the integrity in this country? Seriously!
The educators of some of the smartest people in the world are financing some of the biggest corruption EVER … again, it’s really no different than our administration financing and facilitating the destruction of our country.
I step back and question the morals and values of our country … I can only imagine what the rest of the world thinks of us. If a proud American thinks we’re a global embarrassment … we must really be the laughing stock!
While I can have an opinion about all this madness, I also realize that I can’t change it – at least not in the short-term.
So when you realize you can’t change the big picture, you dial your focus into what you can change … small hinges move big doors.
My goal is to move as many big doors as I’m able to and it all starts with helping you! Helping you to better understand the market, helping you to make more calculated decisions regarding your trading.
And I can do all of that on a daily basis — that is, if you’d like to join me on my journey on a daily basis. You can start working with me as soon as RIGHT NOW, all you have to do is decide that you’re ready… PERIOD
You can learn more by following the LINK below which will tell you all about who I am, where I came from and why I love supporting fellow traders: