Current:Home > ScamsJailed Sam Bankman-Fried can’t prepare for trial without vegan diet and adequate meds, lawyers say -MoneyTrend
Jailed Sam Bankman-Fried can’t prepare for trial without vegan diet and adequate meds, lawyers say
View
Date:2025-04-16 17:49:52
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California man was making his first court appearance in a drab beige prison uniform since his $250 million bail was revoked 10 days ago by Judge Lewis A. Kaplan.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! (78346)
Related
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- Who are the U.S. citizens set to be freed from Iran?
- Biden asks Congress for more than $13 billion in emergency defense aid for Ukraine
- Kyle Richards and Morgan Wade Strip Down in Steamy New Music Video
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- How climate policy could change if a Republican is elected president in 2024
- Photos: 'Whole town went and dissolved into ashes,' Hawaii lieutenant governor says
- Katharine McPhee Misses David Foster Tour Shows Due to Horrible Family Tragedy
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Biden issues order curbing U.S. investment in Chinese tech sectors
Ranking
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- Iran set to free 5 U.S. citizens in exchange for access to billions of dollars in blocked funds
- Coal miners say new limits on rock dust could save some lives
- Bruce Springsteen honors Robbie Robertson of The Band at Chicago show
- Grammy nominee Teddy Swims on love, growth and embracing change
- Striking screenwriters will resume negotiations with studios on Friday
- Police arrest man accused of threatening jury in trial of Pittsburgh synagogue gunman
- Photos: 'Whole town went and dissolved into ashes,' Hawaii lieutenant governor says
Recommendation
The company planning a successor to Concorde makes its first supersonic test
What to stream this weekend: Gal Gadot, ‘Red, White & Royal Blue’ and ‘Only Murders in the Building’
Mastering the Art of Capital Allocation with the Market Whisperer, Kenny Anderson
UAE’s al-Jaber urges more financing to help Caribbean and other regions fight climate change
Global Warming Set the Stage for Los Angeles Fires
Iran transfers 5 Iranian-Americans from prison to house arrest in step toward deal for full release
Fast-moving Hawaii fires will take a heavy toll on the state’s environment
Are movie theaters making a comeback? How 'Barbenheimer' boosted movie morale.