“He is actually now subsisting on bread and water, that are the one issues he is served that he can eat, and typically peanut butter,” his lawyer, Mark Cohen, advised the court docket.
Justice of the Peace Decide Netburn stated she would contact the Bureau of Prisons in regards to the lodging.
Bankman-Fried, also called SBF, has spent the previous 11 days within the Metropolitan Detention Centre in Brooklyn, a notoriously overcrowded facility that is been usually accused of retaining inmates in inhumane circumstances.
It is a far cry from his home arrest, which he spent within the relative luxurious of his mother and father’ Palo Alto house in California.
On August 11, Decide Lewis Kaplan revoked SBF’s bail and remanded him to the power, in the end siding with prosecutors’ argument that he had tried to intimidate potential witnesses in opposition to him, together with his former enterprise companion and ex-girlfriend, Caroline Ellison.
Bankman-Fried, 31, has pleaded not responsible to a number of conspiracy and fraud prices referring to the collapse of his alternate, FTX, in November.
If convicted on all prices, he might face greater than 100 years in jail.
Earlier than its collapse, FTX was one of many largest crypto-trading platforms on this planet, backed by A-list celebrities and featured in Tremendous Bowl commercials.
However the firm got here unglued within the span of every week as considerations about its monetary ties to SBF’s crypto hedge fund, Alameda Analysis, spurred buyers and prospects to yank their funds.
The corporate filed for chapter and rapidly turned the middle of the federal fraud investigation.
Whereas awaiting his trial, SBF shall be granted a window of time, from 8:30am to 3pm, on weekdays to satisfy together with his attorneys, in accordance with a court docket submitting launched on Monday.
