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SBF spent first night in prison in ‘good spirits’
Bahamas Acting Commissioner of Corrections Doan Cleare said SBF was spending his time in the prison’s sick bay and was receiving his medications on time.
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Updated: Aug. 20, 2023 at 9:00 am UTC
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FTX founder Sam Bankman-Fried spent his first night in prison “in good spirits,” the Nassau Guardian reported, citing Bahamas Acting Commissioner of Corrections Doan Cleare.
The acting commissioner said SBF was spending his time in the prison’s sick bay and was receiving his medications on time. “He is with five other inmates in a dorm-style setting,” and only his lawyers and personnel from the American embassy can visit him in person.
The medications appear to be connected to claims made by SBF’s lawyer Jerone Roberts about the health of his clients. Roberts said the disgraced was a vegan and suffered from attention deficit disorder (ADD), insomnia, and depression.
The lawyer added that SBF uses an Emsam patch daily, takes Adderall every four hours, and uses the allergy pill Zyrtec every day.
Meanwhile, the former FTX CEO was remanded at the Bahamas Department of Correctional Services (BDOCS) until February 8, 2023, after the Chief Magistrate denied his bail application because he was considered a flight risk.
Several media reports described the conditions of the BDOCS as “harsh, overcrowded [and] rat-infested.”
However, acting commissioner Cleare said the prison was no longer rodents infested.
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Posted In: FTX, Bankruptcy
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Oluwapelumi values Bitcoin's potential. He imparts insights on a range of topics like DeFi, hacks, mining and culture, underlining transformative power.
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FTX
FTX is a defunct cryptocurrency exchange, currently in bankruptcy proceedings, that was founded by Sam Bankman-Fried and Zixiao “Gary” Wang in May 2019.
Sam Bankman-Fried is the former CEO, and co-founder of defunct crypto exchange FTX and Alameda Research.