Alleged fraudster Sam Bankman-Fried, his parents and a close circle of friends are fighting a slew of legal cases. Their relationships to Stanford are everywhere — and ongoing.
  • lobut
    11·
    1 year ago

    Bankman-Fried’s breach of bail conditions may cause his parents, as well as Stanford professor Andreas Paepcke and former SLS dean Larry Kramer who helped guarantee Bankman-Fried’s $250 million bail, to forfeit the collateral they put forward, further increasing the cost of an already expensive legal battle. According to Kaplan, Bankman-Fried “has gone up to the line over and over again,” speaking to media and violating repeated instructions on the limits of his house arrest.

    It’s not all bad news then.