FTX founder Sam Bankman-Fried’s two bond guarantors unsealed, ties to Stanford
The sole purpose of bail is to ensure that the defendant shows up to trial. SBF is under electronically monitored house arrest. Given how high-profile the case is, it's likely that law enforcement is posted to monitor him directly. He's not going to flee the country in a shipping crate like Carlos Ghosn. In fact: to hear Ken White talk about it on Serious Trouble, given his recent conduct, it's much more likely that he's going to end up preparing his defense from inside an NYC jail cell.We're all obsessed with the details of SBF's bail because we're too bored, and looking for fun stories. The bail situation with SBF is the least interesting thing about the case.By all means, dunk on the people making insurance payments to cover his bail! It's a weird thing to decide to do! But none of it has much to do with anything fundamental about the case.