A federal judge agreed to release SBF, former FTX CEO, on a $250 million bail package secured by his parents after he appeared in U.S. federal court in New York back in December of last year. He is facing charges that he was the mastermind behind the fraud and illicit movement of customer funds inside his former FTX crypto empire.

Sam Bankman-Fried is trying to keep the identities of the two co-signers on his $250 million bond confidential. The judge’s decision to unseal their names was challenged by Bankman-Fried in a court filing on Tuesday. He is currently under house arrest and facing criminal charges for allegedly mismanaging FTX customer funds. 

The judge granted the media’s request to make the names public last month, but Bankman-Fried’s lawyer argued that the co-signers’ privacy and security could be jeopardized if their names were revealed. Bankman-Fried’s parents co-signed the bond in December and two additional individuals signed lesser bonds. The motion to unseal the names was temporarily stayed until February 14th. 

Bankman-Fried will appear in court this Thursday for a separate matter in his criminal case, where prosecutors are seeking to modify his bail terms after he allegedly contacted a potential witness through an encrypted app. He offered to stay off such apps and asked for oral arguments to be canceled, but the judge denied the proposal and the hearing will take place this week.

Judge Postpones FTX Examiner Ruling For Consensual Resolution

A Delaware judge postponed a ruling on the appointment of an examiner in the FTX bankruptcy case during a Monday hearing and instructed lawyers to find a consensual resolution, which will be reported at a Wednesday hearing.