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SBF received special treatment in Bahamian prison: report

Published on

December 22, 2022
Read Time:1 Minute, 53 Second

Former FTX CEO Sam Bankman-Fried, who was despatched to the infamous Fox Hill jail in Nassau, Bahamas, awaiting an investigation into his inventory market's collapse, had a unique expertise than many different prisoners.

After Based on the Monetary Occasions, Bankman-Fried was being held within the infirmary, the place he had entry to a bathroom, operating water, a tv, native newspapers, crossword puzzles and plenty of different perks, together with vegan meals. Nameless jail officers revealed the previous CEO spent his days watching the information and studying articles about himself.

SBF's jail expertise appears very totally different from what many different prisoners endure of their overcrowded, poorly ventilated, rat-infested jail cells, the place they're pressured to sleep on the ground with makeshift playing cards. Not like different Fox Hill prisoners, the previous CEO slept on a cot within the infirmary, which was occupied by solely 4 different males.

A human rights report launched by the US State Division in 2021 revealed these situations at Fox Hill was "arduous" because the prisoners suffered from overcrowding, poor diet and insufficient sanitation and medical care. The report additionally alleged situations of bodily abuse by correctional officers.

The report revealed that "excessive safety cells for males had been roughly two meters by three meters and will maintain as much as six folks with no mattresses or bogs." It additionally acknowledged the next situations:

“Inmates eliminated human waste with buckets. Prisoners complained concerning the lack of beds and bedding. Some inmates developed mattress sores from mendacity on the naked floor. Sanitation was a normal downside and the cells had been infested with rats, maggots and bugs.”

The Workplace of the Legal professional Common of the Bahamas introduced the extradition to america of Sam Bankman-Fried ("SBF"), former CEO of FTX. SBF will depart from the Bahamas for america tonight. pic.twitter.com/WttWmNpIw4

— Latrae L. Rahming (DOC) (@latraelrahming) December 21, 2022

Associated: Alameda's Caroline Ellison escapes a possible 110-year sentence by means of a plea deal

On Dec. 22, Cointelegraph reported that SBF was getting ready for extradition to america. An announcement by Bahamas Legal professional Common Ryan Pinder confirmed that Bankman-Fried was scheduled to go away the Bahamas for america on the night time of December 22.



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Azeez Mustafa
Azeez began his FinTech career path in 2008 after growing interest and intrigue about market wizards and how they managed to become victorious on the battlefield of the financial world. After a decade of learning, reading and training the ins and outs of the industry, he’s now a sought after trading professional, technical/currency analyst and funds manager – as well as an author.
Last Updated : December 22, 2022
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