Two notable Stanford academics are among those who signed disgraced FTX founder Sam Bankman-Fried’s $250 million bail package, the Associated Press reported.
Unsealed court documents released Wednesday show that Larry Kramer, dean emeritus of Stanford Law School, and Andreas Paepcke, Stanford senior investigator, agreed to pay $500,000 and $200,000, respectively, if Bankman-Fried decides to close the city. leaving before his upcoming trial. He is being charged with fraud after running a cryptocurrency exchange that reportedly lost billions in merchant deposits.
Leave a Reply