Current:Home > StocksJailed Sam Bankman-Fried can’t prepare for trial without vegan diet and adequate meds, lawyers say -Mastery Money Tools
Jailed Sam Bankman-Fried can’t prepare for trial without vegan diet and adequate meds, lawyers say
View
Date:2025-04-15 06:05:16
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California man was making his first court appearance in a drab beige prison uniform since his $250 million bail was revoked 10 days ago by Judge Lewis A. Kaplan.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! (8)
Related
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Large dust devil captured by storm chaser as it passes through Route 66 in Arizona: Watch
- An Opportunity for a Financial Revolution: The Rise of the Wealth Forge Institute
- Death Valley in California is now covered with colorful wildflowers in bloom: What to know
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- Owners of a Colorado funeral home where 190 decaying bodies were found are charged with COVID fraud
- Characters enter the public domain. Winnie the Pooh becomes a killer. Where is remix culture going?
- Wealth Forge Institute's Token Revolution: Issuing WFI Tokens to Raise Funds and Deeply Developing and Refining the 'AI Profit Pro' Intelligent Investment System
- Meta donates $1 million to Trump’s inauguration fund
- Trump's hush money trial gets underway today. Here's what to know.
Ranking
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Rust armorer Hannah Gutierrez-Reed sentenced to 18 months in prison over deadly 2021 shooting
- Ex-youth center worker testifies that top bosses would never take kids’ word over staff
- Timeline of events: Bodies found in connection to missing Kansas women, 4 people arrested
- Current, future North Carolina governor’s challenge of power
- Randal Gaines defeats Katie Bernhardt to become new chair of Louisiana Democratic Party
- 'Senseless act of violence': Alabama mother of 4 kidnapped, found dead in car; man charged
- Paris Hilton backs California bill to bring more transparency to youth treatment facilities
Recommendation
South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
Revised budget adjustment removes obstacle as Maine lawmakers try to wrap up work
‘Goal’ Palmer scores four in 6-0 demolition of dismal Everton
4 family members plead not guilty in abduction and abuse of a malnourished Iowa teen
Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
When rogue brokers switch people's ACA policies, tax surprises can follow
Retrial scheduled in former Ohio deputy’s murder case
The Ultimatum’s Ryann Taylor Is Pregnant, Expecting First Baby With James Morris