SBF´s bail backers remains anonymous
As SBF made his $250 million bail many, myself included have wondered who in their right mind would front that type of money.
SBF and the $350 million bail
It was initially reported that due to the type of bail, his parents put up their property as security for the $250 million. This is despite the fact that the property in no way is worth anything close to the $250 million. The property is "only" worth around $4 million. This is because you actually do not need to put the entire amount in order for you to make bail. But if you no show, the person posting your bail is on the hook for the entire amount.
There is however a small extra wrinkle here. And that is the fact that two other people need to sign for the bail as well. In addition to his two parents. And one of these people can not be a relative of SBF. These two people would also be don't he hook for the $250 million if SBF decided to make a run for it.
Is Kevin O'Leary one of the two people who co-signed SBF´s bail?
But just who in their right mind would sign for his bail? I mean I get that his parents can be guilted into doing it, as they actually mostly are to blame for SBF and him existing. But who else in their right mind would sign? Is it his seemingly unfavorable supporter Kevin O'Leary?
Sadly it is looking like we will be non the wiser. As SBF´s lawers have filed a petition to keep the two co-signees anonymous, citing privacy and safety concerns. This petition has also been granted by the court. Due to this fact, I would assume one of the two persons is not Kevin O'Leary, as he very much is a public person.
What is your thought on these two anonymous persons? Do you think they are just two ordinary people? Or is it perhaps a person, or persons, paid off by the missing FTX money? Please sound off in the comment section down below with your thoughts. If you would like to support me and the content I make, please consider following me, reading my other posts, or why not do both instead.
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