July 24, 2024
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Daring Drive-by at SBF’s: 3 Men Drove into the Barricade and Fled: Lawyers

The lawyers did not identify the date or time of the occurrence and stated that security staff were unable to obtain licence plate information.

According to SBF’s lawyers, three guys drove their car through the metal barricade outside Sam Bankman-home, Fried’s parent’s where he is currently under house arrest.

According to the lawyers representing the former FTX CEO in a federal court filing, the three men stepped out of the car after hitting the barricade and warned a security man monitoring the property, “You won’t be able to stop us.”

The anonymous individuals were then able to flee before security guards could record the licence plate of the car.

According to Reuters, the incident was reported in a court document on January 19 that they said highlighted the security threats faced by the FTX founder and those related to him, including the two individuals who secured Bankman-$250 Fried’s million bond, stating:

“Given the notoriety of this case and the extraordinary media attention it is receiving, it is reasonable to assume that the non-parent sureties will also face significant privacy and safety concerns if their identities are disclosed.”

The lawyers, however, did not disclose the date or time of the occurrence.

Lawyers for some of the top U.S. media outlets, including Bloomberg, CNBC, Reuters, and the Financial Times, wrote to U.S. District Court Judge Lewis Kaplan on Jan. 12 to obtain the names of the guarantors.

Lawyers for the media contended that the public’s right to know Bankman-guarantors Fried’s trumped their privacy and safety concerns.

Given Bankman-tight Fried’s relationships to some of the world’s wealthiest and most politically connected people, the lawyers contended that such non-disclosure might impair public trust in US government institutions.

Bankman-Fried was extradited to the United States in December and pled not guilty on January 3, 2023, to all eight fraud and conspiracy-related allegations.

All of the allegations stem from his alleged role in FTX’s catastrophic collapse in November.

The controversial figure is still being held under house arrest at his parents’ California home until his trial date on October 2, 2023.