Sam Bankman-Fried in ‘Good Spirits’ in ‘Rat-Infested’ Jail


Two days after FTX founder and former CEO Sam Bankman-Fried was remanded into custody in Bahamian jail after being denied bail, jail officers declare the disgraced crypto entrepreneur is faring effectively.

“He’s in good spirits,” Bahamas Performing Commissioner of Corrections Doan Cleare instructed Bahamas paper The Nassau Guardian Thursday.

On Tuesday night, Bankman-Fried was processed at Bahamas’ sole penitentiary, Fox Hill Jail, following his bail listening to. Since then, he’s remained within the jail’s sick bay, present process evaluation of well being and threat of self-harm. Such assessments decide—sometimes in two days—to which part of the jail an inmate can be transferred.

Bankman-Fried will probably be stored within the sick bay no less than one additional day, jail officers stated.

SBF Denied Bail, Will Battle Extradition from The Bahamas

Cleare insisted that Bankman-Fried is being handled like some other inmate on the 1,000-person correctional facility, as evidenced by the truth that the once-billionaire is presently dwelling in Fox Hill’s sick bay with 5 different inmates, in a dorm-style setting.

“He isn’t getting any particular remedy,” Cleare instructed Bahamas state tv community ZNS.

If the jail determines Bankman-Fried both faces dangers from different inmates or poses a specific threat himself, he might be despatched to most safety. If he’s decided to have “precarious well being points,” he might stay within the sick bay. In any other case, he’ll be jailed with the jail’s common inhabitants.

A 2021 report by the U.S. State Division discovered circumstances at Fox Hill jail to pose “important human rights points.” The report cited excessive overcrowding, poor diet, and insufficient sanitation. Many of the jail’s cells, which measure six ft by ten ft and home as much as six inmates, don’t have any mattresses or bogs. Inmates typically sleep on the bottom and use buckets to get rid of human waste.

Many cells have been reported to have been infested with a mixture of rats, maggots, and bugs. The report additionally cited a frequent incapacity for inmates to obtain sufficient medical care.

Throughout Bankman-Fried’s first listening to in Bahamian court docket on Tuesday morning, the FTX founder requested he be permitted to use a patch of a drugs he had not had entry to since his arrest on Monday. And pre-written remarks Bankman-Fried had deliberate to make earlier than Congress on Tuesday previous to his arrest detailed that the crypto govt has a prescription for Emsam, a patch-administered drug for medical melancholy.

Cleare stated Bankman-Fried is now receiving his treatment on time.

Within the days following Bankman-Fried’s arrest, some have expressed concern for the disgraced CEO’s well-being, even given his alleged crimes.

I’m dismayed across the pleasure about Sam heading to a ghastly jail the place his security can’t be assured. I hope US authorities can guarantee his protected and speedy extradition. He’ll face justice however it should be performed legally and with dignity

— GPT-nic (@nic__carter) December 13, 2022

The jailed entrepreneur’s personal present authorized technique might probably lengthen Bankman-Fried’s keep at Fox Hill, although. At his preliminary court docket listening to on Tuesday, Bankman-Fried refused to waive his proper to battle extradition to the US, the place he has been charged with eight felony counts together with conspiracy, wire fraud, and cash laundering. By refusing to waive that proper, Bankman-Fried might have set himself up for a protracted authorized battle that might take months, if not over a 12 months. And all that point, he’ll probably stay incarcerated at Fox Hill.

If Bankman-Fried relents to extradition, he might not fare a lot better within the American jail system. The crypto govt would await trial in New York Metropolis—the place federal fees have been filed in opposition to him—both in Manhattan’s Metropolitan Correctional Heart, or Brooklyn’s Metropolitan Detention Heart. These services even have been reported to function filthy circumstances, rodent and bug infestations, lack of sufficient medical care, and violence and abuse by the hands of guards. Some have decried the services as “soul-negating” and “worse than Gauntanamo.”

Bankman-Fried will stay incarcerated at Fox Hill till February eighth, the date of his subsequent court docket look.

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