Sam Bankman-Fried surviving on bread, denied vegan weight loss program, claims lawyer

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Lawyers for Sam Bankman-Fried, the previous cryptocurrency tycoon, claimed he was denied his vegan weight loss program and was pressured to outlive on simply bread at Metropolitan Detention Center in Brooklyn.

The former cryptocurrency tycoon entered a plea of not responsible on Tuesday to an amended indictment alleging fraud and cash laundering conspiracy costs, showing in courtroom for the primary time since his bail was revoked and was despatched to a Brooklyn jail to await trial.

Bankman-Fried’s legal professionals stated the detention centre isn’t accommodating his weight loss program and failing to recurrently dispense his prescription Adderall.

“He’s literally now subsisting on bread and water, which are the only things he’s served that he can eat, and sometimes peanut butter,” his legal professional, Mark Cohen, instructed the courtroom.

Magistrate Judge Netburn stated she would contact the Bureau of Prisons concerning the lodging. Bankman-Fried, often known as SBF, has spent the previous 11 days within the Metropolitan Detention Center in Brooklyn, a notoriously overcrowded facility that’s been recurrently accused of retaining inmates in inhumane situations. It’s a far cry from his home arrest, which he spent within the relative luxurious of his mother and father’ Palo Alto dwelling in California.

On August 11, Judge Lewis Kaplan revoked SBF’s bail and remanded him to the ability, finally siding with prosecutors’ argument that he had tried to intimidate potential witnesses towards him, together with his former enterprise associate and ex-girlfriend, Caroline Ellison. Bankman-Fried, 31, has pleaded not responsible to a number of conspiracy and fraud costs referring to the collapse of his change, FTX, in November. If convicted on all costs, he might face greater than 100 years in jail.

Before its collapse, FTX was one of many largest crypto-trading platforms on the planet, backed by A-list celebrities and featured in Super Bowl commercials. But the corporate fell aside within the span of per week as considerations about its monetary ties to SBF’s crypto hedge fund, Alameda Research, spurred buyers and prospects to drag out their funds. The firm filed for chapter and shortly turned the main target of the federal fraud investigation.