FTX Collapse: Sam Bankman-Fried's Lawyers Say Three Men Made Threats Outside His Home An incident at Sam Bankman-Fried's California home may highlight the risks faced by the FTX founder and his associates.

By Steve Huff

Bloomberg | Getty Images

In a recent filing in Manhattan federal court, attorneys for FTX founder Sam Bankman-Fried (SBF) claim that a car drove into a metal barricade outside his California home. According to Reuters, three men got out of the car and told a security guard, "You won't be able to keep us out," before quickly leaving.

While the filing did not state when the incident occurred, it noted that it happened recently.

FTX collapsed in November 2022 with a massive bankruptcy filing. SBF was subsequently arrested in December and is facing fraud and conspiracy charges related to the collapse. He has pleaded not guilty and is at his parents' home in Palo Alto until his trial begins in October 2023.

According to Bankman-Fried's attorneys, the incident at the barricade highlights the security risks faced by the crypto exchange founder and those representing him. The attorneys brought up the incident in response to media requests for the names of those who helped SBF's parents secure his $250 million bond.

While media organizations argue that the public has a right to know the identities of those helping Bankman-Fried, his attorneys say the media assigns "far too much weight to the presumption of access" and ignores safety issues for anyone involved in the case.

Steve Huff

BIZ Experiences Staff

Want to be an BIZ Experiences Leadership Network contributor? Apply now to join.

Science & Technology

OpenAI's Latest Move Is a Game Changer — Here's How Smart Solopreneurs Are Turning It Into Profit

OpenAI's latest AI tool acts like a full-time assistant, helping solopreneurs save time, find leads and grow their business without hiring.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for BIZ Experiencess to pursue in 2025.

Social Media

How To Start a Youtube Channel: Step-by-Step Guide

YouTube can be a valuable way to grow your audience. If you're ready to create content, read more about starting a business YouTube Channel.

Money & Finance

These Are the Expected Retirement Ages By Generation, From Gen Z to Boomers — and the Average Savings Anticipated. How Do Yours Compare?

Many Americans say inflation prevents them from saving enough and fear they won't reach their financial goals.

Starting a Business

I Built a $20 Million Company by Age 22 While Still in College. Here's How I Did It and What I Learned Along the Way.

Wealth-building in your early twenties isn't about playing it safe; it's about exploiting the one time in life when having nothing to lose gives you everything to gain.

Business Solutions

Boost Team Productivity and Security With Windows 11 Pro, Now $15 for Life

Ideal for BIZ Experiencess and small-business owners who are looking to streamline their PC setup.