Lawyer claims Sam Bankman-Fried surviving on meager prison rations

Lawyer claims Sam Bankman-Fried surviving on meager prison rations

While in federal custody, disgraced ⁢cryptocurrency entrepreneur Sam Bankman-Fried has been living off “bread and water” because‌ he’s not being provided with the ‌vegan diet he requested, his attorney told a judge Tuesday.

Witness tampering? Samuel Bankman-Fried ‌earned a judge’s rebuke | Margaret SullivanRead more

During a hearing, Mark Cohen, lawyer for Bankman-Fried, said that improper diet and the jail’s failure to give ​Bankman-Fried the Adderall he needs to manage his <a href="https://news.ad-astra.icu/lawyer-claims-sam-bankman-fried-surviving-on-meager-prison-rations.html” title=”Lawyer claims Sam Bankman-Fried surviving on meager prison rations”>attention deficit hyperactive disorder, will impact his ability to participate in⁤ readying his defense case.

“Because he’s following⁣ his principles, he‍ is literally now subsisting⁤ on bread and water,” Cohen ⁣said, adding that his client’s supply of ‍the medication Emsam to treat⁢ depression was running low.

The founder ⁣of cryptocurrency exchange FTX has been in federal jail since ⁤11 August when judge Lewis Kaplan revoked​ Bankman-Fried’s $250m bond. Kaplan said he had concluded there ‌was probable cause to believe Bankman-Fried had tried to “tamper ⁢with witnesses at least twice” since his December ‌arrest. Bankman-Fried had stayed mainly at his parents’ home in Palo Alto, California, since his December arrest after being extradited for allegedly stealing billions of dollars in FTX⁣ customer funds ‌to plug losses at his ‌Alameda Research ⁣hedge fund.

Federal prosecutors said that Bankman-Fried “crossed a line” by sharing his former romantic partner Caroline Ellison’s personal ​writings with a New York Times reporter in an attempt to discredit his former partner and chief executive at his company, who is expected to testify against him‌ at his scheduled 2 October trial. Bankman-Fried’s lawyers said prosecutors mischaracterized⁤ his intentions in sharing Ellison’s writings, arguing he wanted to defend his reputation and that he ⁢had a right to speak to the press.

skip past newsletter promotion

On 13 August federal prosecutors introduced a new indictment in which they charged the former billionaire with seven counts of fraud and conspiracy‌ and accused Bankman-Fried of using ⁤stolen customer funds to make more than $100m in campaign contributions ahead‍ of the 2022​ US midterm elections.

2023-08-22 20:52:41
Link ⁢from www.theguardian.com
rnrn

Exit mobile version