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Sam Bankman-Fried Having fun with Comfy Jail Expertise: Bloomberg

December 26, 2022
in Cryptocurrency
Reading Time: 4 mins read
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Key Takeaways

Sam Bankman-Fried enjoys uncommon perks in Nassau’s jail.
His privileges embrace a tv set, native newspapers, vegan meals, and an air-conditioned cell.
The FTX founder formally agreed to extradition earlier immediately and is predicted to be flown again to the US shortly.

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Sam Bankman-Fried’s sojourn in jail contains vegan meals, bidaily medical check-ups, a tv set, native newspapers, and crossword puzzles—perks that reportedly few inmates at Fox Hill jail get to get pleasure from.

Sam’s Life in Jail

Sam Bankman-Fried is reportedly fairly snug in jail.

In line with Bloomberg, the previous FTX CEO’s keep in Bahamian jail has been comparatively luxurious. The report signifies that, opposite to the crypto neighborhood’s hypothesis, Bankman-Fried’s life in Fox Hill “has been about pretty much as good because it will get.”

The disgraced crypto change founder reportedly has had entry to operating water, a bathroom, a bathe, a cot, a tv set, native newspapers, and crossword puzzles—perks which the article describes as “luxuries,” contemplating the circumstances wherein most Fox Hill prisoners are pressured to stay in. In 2021 Fox Hill was the topic of a human rights report which discovered vital human rights abuses being enacted in opposition to convicts by jail officers.

Bankman-Fried has benefited from different privileges, together with vegan meals (as an alternative of the usual breakfast sausage and corned beef lunch), an air-conditioned cell, and bidaily medical check-ups by the jail doctor. His cell, removed from overcrowded, solely counts 4 different inmates, with guards on responsibility from 2pm to 6am to ensure Bankman-Fried’s security. 

The previous billionaire consented to extradition earlier immediately in courtroom, and is predicted to be flown again to the US later within the day within the firm of FBI brokers on a non-commercial flight. Within the affidavit introduced in courtroom immediately, Bankman-Fried acknowledged that he had consented to extradition out of a “want to make the related prospects entire.”

Different reviews point out, nonetheless, that Bankman-Fried’s settlement to extradition could possibly be attributable to his hopes for the U.S. judicial system to grant him bail. The Southern District of New York, Securities and Alternate Fee, and Commodity Futures Buying and selling Fee have all filed costs in opposition to him.

Disclaimer: On the time of writing, the writer of this piece owned BTC, ETH, and a number of other different crypto property.

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Tags: BankmanFriedBloombergComfortableEnjoyingExperienceJailSam
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