Second suretor of SBF's bond, for $500k, is Larry Kramer
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> “I had a friend who said, ‘You don’t want to be seen with (Sam Bankman-Fried's parents),’” said Larry Kramer, a former dean of the law school and a close friend of the Bankman-Fried family. “I don’t see how this doesn’t bankrupt them.”
Bankman-Fried's parents were both Stanford Law professors.
> A spokeswoman for Mr. Bankman and Ms. Fried wouldn’t comment on whether they are giving their son legal advice. Their friends, some of them legal scholars themselves, have said Mr. Bankman-Fried’s frequent media appearances are a mistake that could put him deeper in legal jeopardy.
> “They want him to protect himself, and he won’t,” said Larry Kramer, a former dean at Stanford Law and longtime family friend. “They’ve decided, ‘We’re not going to fight with our son.’
...
> Friends and colleagues said Mr. Bankman, who is also a clinical psychologist by training, abhors conflict. When discussions at the Bankman-Frieds’ Sunday dinner parties turned contentious, Mr. Bankman on occasion would step out of the room, friends said.
> “Joe likes people and wants people to be comfortable,” Mr. Kramer said.
Such conflicts often develop during "dinner parties" because those are the only time the family gets together for such a thing to even be possible. Walking away in such a scenario is a sort of dereliction of duty as a parent, not that I can speak to how SBF's home life relates here. Given SBF's alleged egregious white-collar criminal behavior it wouldn't surprise me one iota if his parents failed to fight the necessary battles to produce a responsible adult in him.
Also, Andreas Paepcke, Stanford research scientist.
> "Joe Bankman and Barbara Fried have been close friends of my wife and I since the mid-1990s," Kramer wrote in an email. "During the past two years, while my family faced a harrowing battle with cancer, they have been the truest of friends – bringing food, providing moral support, and frequently stepping in at moment's notice to help. In turn, we have sought to support them as they face their own crisis."
> He also said he had no business interest in the $500,000 he contributed towards Bankman-Fried's bond.
> "My actions are in my personal capacity, and I have no business dealings or interest in this matter other than to help our loyal and steadfast friends," Kramer wrote. "Nor do I have any comment or position regarding the substance of the legal matter itself, which is what the trial will be for."
I’d lean toward that explanation here. The only question with SBF is how long he’s going to spend in prison so it’s not surprising a friend of his family stepped in so they could spend the duration of the court case with him rather than visiting him in pre-trial detention.