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Lawyers Say Jailed Sam Bankman-Fried’s Bread and Water Diet is Impairing Ability to Prepare for Trial

Sam Bankman-Fried pleads not responsible at Manhattan arraignment


Sam Bankman-Fried pleads not responsible at Manhattan arraignment

00:32

FTX founder Sam Bankman-Fried is surviving on bread, water and typically peanut butter as a result of the jail the place he is housed continues to serve him a “flesh food plan” regardless of requests for vegan dishes, his attorneys instructed a Justice of the Peace decide Tuesday. His restricted food plan and different points are hampering his capacity to arrange for his trial, they added.

Earlier this month, Bankman-Fried, as soon as hailed as a crypto genius, had his bail revoked and was ordered jailed by a federal decide in New York after prosecutors alleged he was making an attempt to affect witnesses in his fraud case. 

His legal professionals on Tuesday argued that Bankman-Fried requires correct entry to computer systems, medicines to assist him focus, and a greater food plan with the intention to put together for his October 3 trial. They made their complaints at a Manhattan federal court docket listening to after Bankman-Fried pleaded not responsible to seven expenses he’ll face on the trial, together with wire fraud and a number of conspiracy counts.

“There isn’t any method for him to successfully put together for his protection,” one among Bankman-Fried’s protection attorneys, Christian Everdell, instructed Justice of the Peace Decide Sarah Netburn.

The 31-year-old Californian hasn’t been in a position to acquire entry to the web or a laptop computer, in accordance with CNBC. 


Sam Bankman-Fried jailed over allegations of witness tampering

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Lack of Adderall

Legal professional Mark Cohen instructed Netburn that Bankman-Fried hadn’t acquired Adderall, a drugs for attention-deficit/hyperactivity dysfunction (ADHD,) since he was jailed on August 12. The medicine is required for Bankman-Fried to pay attention, he added.

Cohen additionally complained in regards to the lack of lodging for Bankman-Fried’s vegan food plan whereas in jail. 

“Your Honor, that is outrageous and must be remedied,” he mentioned of Bankman-Fried who shuffled into the courtroom, his legs shackled.

Justice of the Peace Decide Sarah Netburn, presiding over Tuesday’s listening to, instructed Bankman-Fried’s attorneys that she wouldn’t overrule one other decide’s rulings about entry to computer systems, however that she would see if she may get the Metropolitan Detention Middle in Brooklyn to offer medicines and a food plan extra intently aligned to the defendant’s vegan preferences.

Bankman-Fried’s expenses

Bankman-Fried was extradited from the Bahamas in December after prosecutors mentioned he stole billions of {dollars} in FTX buyer deposits, spending tens of tens of millions on his companies, speculative enterprise investments, charitable donations and on unlawful marketing campaign contributions geared toward influencing cryptocurrency regulation in Washington.

The one-time crypto billionaire was making his first court docket look in a colorless beige jail uniform since his $250 million bail was revoked 10 days in the past by Decide Lewis A. Kaplan. The decide had granted a request by prosecutors to jail him after agreeing that the fallen cryptocurrency whiz had repeatedly tried to affect witnesses towards him.

Earlier than his bail was revoked, Bankman-Fried had been permitted to stay together with his mother and father of their Palo Alto, California, residence with strict guidelines limiting his entry to digital gadgets.


FTX founder Sam Bankman-Fried pleads not responsible to fraud

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Kaplan ordered him jailed after concluding that there was possible trigger to imagine he had dedicated the federal crime of tried witness tampering.

He cited an try by Bankman-Fried to speak with the FTX basic counsel in January and his disclosure a number of week in the past to a journalist of some non-public writings by Caroline Ellison, his former girlfriend and the ex-CEO of Alameda Analysis, a cryptocurrency buying and selling hedge fund that was one among his companies.

The decide mentioned the writings have been sorts of issues {that a} former romantic accomplice was unlikely to share with anybody “besides to harm, discredit, and frighten the topic of the fabric.”

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