In a recent filing in Manhattan federal court, lawyers for FTX founder Sam Bankman-Fried (SBF) allege that a car drove into a metal barricade outside his California home. According to Reutersthree men got out of the car and told a guard, “You can’t keep us out,” before quickly leaving.
While the filing did not state when the incident took place, it noted that it happened recently.
FTX collapsed in November 2022 with a massive bankruptcy filing. SBF was subsequently arrested in December and faces fraud and conspiracy charges related to the collapse. He has pleaded not guilty and will be staying at his parents’ home in Palo Alto until his trial begins in October 2023.
According to Bankman-Fried’s lawyers, the incident at the barricade highlights the security risks faced by the crypto exchange’s founder and those representing him. The lawyers brought up the incident in response to media requests for the names of those who helped SBF’s parents secure his $250 million bail.
While media organizations argue that the public has a right to know the identities of those aiding Bankman-Fried, his lawyers say the media “give far too much weight to the presumption of access” and are ignoring security concerns for anyone involved in the case. involved.