Current:Home > StocksJailed Sam Bankman-Fried can’t prepare for trial without vegan diet and adequate meds, lawyers say -Aspire Financial Strategies
Jailed Sam Bankman-Fried can’t prepare for trial without vegan diet and adequate meds, lawyers say
View
Date:2025-04-17 16:20:12
NEW YORK (AP) — FTX founder Sam Bankman-Fried can’t adequately prepare for trial in six weeks while in jail without proper access to computers, necessary medications to help him concentrate, and a better diet than bread, water and peanut butter, his lawyers told a magistrate judge Tuesday.
The lawyers made their complaints at a Manhattan federal court hearing after Bankman-Fried pleaded not guilty to seven charges he’ll face at his Oct. 3 trial, including wire fraud and multiple conspiracy counts.
Bankman-Fried was extradited from the Bahamas in December after prosecutors said he stole billions of dollars in FTX customer deposits, spending tens of millions on his businesses, speculative venture investments, charitable donations and on illegal campaign contributions aimed at influencing cryptocurrency regulation in Washington.
The 31-year-old California man was making his first court appearance in a drab beige prison uniform since his $250 million bail was revoked 10 days ago by Judge Lewis A. Kaplan. The judge had granted a request by prosecutors to jail him after agreeing that the fallen cryptocurrency whiz had repeatedly tried to influence witnesses against him.
Magistrate Judge Sarah Netburn, presiding over Tuesday’s hearing, told Bankman-Fried’s attorneys that she would not overrule Kaplan’s rulings about access to computers, but that she would see if she could get the Metropolitan Detention Center in Brooklyn to provide medications and a diet more closely aligned to the defendant’s vegan preferences.
Attorney Mark Cohen told Netburn that Bankman-Fried hadn’t received medication that’s necessary for him to focus since he was sent to jail on Aug. 12.
He said his client continued to be served a “flesh diet,” leaving him to rely solely on bread, water and sometimes peanut butter.
“Your Honor, that’s outrageous and needs to be remedied,” he said of a man who had shuffled into the courtroom, his legs shackled.
Another defense attorney, Christian Everdell, told Netburn that Bankman-Fried was being denied the right to adequately prepare for trial because he was only allowed to review millions of pages of evidence two days a week.
“There is no way for him to effectively prepare for his defense,” Everdell said.
Before his bail was revoked, Bankman-Fried had been permitted to live with his parents in their Palo Alto, California, home with strict rules limiting his access to electronic devices.
Kaplan ordered him jailed after concluding that there was probable cause to believe he had committed the federal crime of attempted witness tampering.
He cited an attempt by Bankman-Fried to communicate with the FTX general counsel in January and his disclosure several week ago to a journalist of some private writings by Caroline Ellison, his former girlfriend and the ex-CEO of Alameda Research, a cryptocurrency trading hedge fund that was one of his businesses.
The judge said the writings were kinds of things that a former romantic partner was unlikely to share with anyone “except to hurt, discredit, and frighten the subject of the material.”
___
For more AP coverage of Sam Bankman-Fried: https://apnews.com/hub/sam-bankman-fried
veryGood! (4)
Related
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Boating this summer? It's important to take precautions—bring these safety items
- Officials approve $990K settlement with utility in 2019 blast that leveled home, injured 5
- Probe of whether police inaction contributed to any deaths in Robb attack is stalled
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Moving to a college dorm? Here's how you can choose a reliable mover and avoid scams
- Several people detained after fight breaks out at Montgomery’s Riverfront Park in Alabama
- What happens when a person not mentally competent is unfit for trial? Case spotlights issue
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- China, Russia send warships near Alaska; US responds with Navy destroyers
Ranking
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- New York oncologist kills baby and herself at their home, police say
- NASCAR suspends race at Michigan due to rain and aims to resume Monday
- Several people detained after fight breaks out at Montgomery’s Riverfront Park in Alabama
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- USWNT humbled by Sweden, again. Epic World Cup failure ends with penalty shootout
- He was on a hammock, camping in southeast Colorado. Then, authorities say, a bear bit him.
- 2 people charged in connection with Morgan Bauer's 2016 disappearance in Georgia
Recommendation
Why members of two of EPA's influential science advisory committees were let go
That's Billionaire 'Barbie' to you: The biggest movie of summer hits $1B at box office
Southwest employee accused white mom of trafficking her Black daughter, lawsuit says
What caused an Alaskan glacier to cause major flooding near Juneau
B.A. Parker is learning the banjo
The future is uncertain for the United States after crashing out of the Women’s World Cup
Bella Hadid shares vulnerable hospitalization pictures amid Lyme disease treatment
NASCAR Cup race at Michigan disrupted by rain, will resume Monday