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S.B.F. is leaving campus. But Stanford’s ties to his case are deeper than previously known (stanforddaily.com)

submitted 1 year ago by [email protected] to c/[email protected]

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cross-posted from: https://lemmy.zip/post/1428499

Archived version: https://archive.ph/f4tsi
Archived version: https://web.archive.org/web/20230814025137/https://stanforddaily.com/2023/08/13/s-b-f-is-leaving-campus-but-stanfords-ties-to-his-case-are-deeper-than-previously-known/

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[–] [email protected] 9 points 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.