The former dean of Stanford Law School, who signed the Sam Bankman-Freed bail, said he considers Bankman-Freed’s parents “the truest of friends” who helped his family through its “harrowing battle with cancer.”
In a statement emailed to Cryptooshala on Feb. 16, Larry Kramer said he signed the Bankman-Fried bond as a way to return the favor.
“Joe Bankman and Barbara Freed have been close friends of my wife and me since the mid-1990s,” Kramer said.
He said that for the past two years, Bankman-Fried’s parents, Joe Bankman and Barbara Fried, have provided food and moral support, “often stepping in at any moment to help” during his family’s battle with cancer.
“In turn, we have sought to support them as they face their own crisis,” he added.
Kramer emphasized that he was not affected by any payments made to him by any person associated with FTX to act as guarantor, noting:
“My actions are in my personal capacity and I have no business relationship or interest in this matter other than helping our loyal and steadfast friends.”
Previous statements by Bankman-Fried reportedly supported this claim, as the former FTX CEO allegedly denied that either of the two previously undisclosed guarantors received any payments from FTX or a subsidiary of Alameda Research.
The names of the SBF sponsors have been released: Larry Cramer, former dean of Stanford Law School, signed a contract for $500,000, and Andreas Paepke, a computer scientist, signed a contract for $200,000.
In our last conversation, Sam denied that any of the guarantors received payments from FTX or Alameda… https://t.co/cJq2Txi5zY
— Tiffany Fong (@TiffanyFong_) February 15, 2023
Cramer refrained from commenting on the legal quandary Bankman-Freed faced, noting that “that’s what the trial will be for.”
The other guarantor, Andreas Paepke, a senior fellow at Stanford University, has not responded to questions as of press time.
The crypto community has searched the internet for more information about Papk, but there seems to be little information linking him to Bankman-Freed outside of their association at Stanford University, where Bankman and Freed used to be law professors.
From his biography at Stanford: “Dr. Andreas Paepke is a Senior Fellow at Stanford University. His interests include user interfaces and systems for teaching and learning. It uses data analytics to create tools that benefit these online efforts.” pic.twitter.com/xWEDVeNOId
— Molly White (@molly0xFFF) February 15, 2023
United States District Judge Lewis Kaplan authorized the release of the identities of the two former law professors on February 15 after eight major media outlets filed a January 12 letter.
Charity linked to former FTX executive makes $150M from FTT token insider deal: report
Lawyers for Bankman-Freed sought to maintain the anonymity of the two, arguing that the couple could be the target of intrusions, threats and harassment if their names were made public.
Kaplan, however, disagreed, noting that the couple voluntarily signed individual commitments in a “highly publicized criminal case” and therefore opened themselves to public scrutiny.
Credit : cointelegraph.com
