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Former billionaire Sam Bankman-Fried was diminished to utilizing a hose and chilly water to take a bathe whereas languishing in a Bahamian jail that the indicted crypto mogul stated was “like ‘The Shawshank Redemption,'” in accordance with a report.
Bankman-Fried, who was taken into custody by legislation enforcement officers within the Bahamas on Dec. 12, stated he was pressured to bathe in a moldy stall throughout his temporary keep in a small 20-square-foot room within the infirmary of the infamous Fox Hill detention facility in Nassau.
“I assumed it was going to be like ‘The Shawshank Redemption,'” Bankman-Fried, 30, instructed Forbes, referencing the Oscar-winning 1994 movie starring Tim Robbins and Morgan Freeman.
Within the movie, Robbins’ character Andy Dufresne is shipped to a jail the place he and different inmates are routinely overwhelmed, raped and in some instances killed by fellow prisoners in addition to guards — all underneath the watchful eye of a corrupt warden.
Nevertheless, Bankman-Fried was spared the risks of getting to cope with the final inhabitants in a jail which human rights organizations have stated is riddled with maggots, mice and cockroaches. His 10-day incarceration was within the infirmary with 5 different inmates.
He additionally was afforded the luxurious of utilizing the infirmary’s personal lavatory that had a door, however the bathroom wouldn’t flush by itself, forcing him to make use of a bucket of water throughout every journey.
The uncommon time he showered, it was underneath a hose with chilly water and he was pressured to dry his arms and face with a towel that measured 3 inches by 5 inches, in accordance with Forbes.
The FTX founder instructed Forbes that his sleeping association was “the worst attainable mattress that you could possibly think about, product of cardboard and a chunk of semi-soft plastic on high of stilts.”
There have been no pillows accessible, so Bankman-Fried rolled up the navy blue jacket that he wore for his courtroom appearances and used that to place his head down at evening.
He additionally didn’t get served his standard vegan weight-reduction plan, as an alternative settling for peanut butter, stale Marvel Bread and contemporary fruit, in accordance with Forbes.
Nevertheless, not like Dufresne, Bankman-Fried instructed Forbes that he by no means felt in peril with the opposite inmates with whom he shared the infirmary.
Bankman-Fried stated that the prisoners had been largely jailed for drug-related crimes. They reportedly instructed him that dealing medicine was thrice extra profitable than incomes a wage at McDonald’s.
He described to Forbes the tense moments main as much as his dramatic arrest. Bankman-Fried stated that he was on the telephone together with his New York-based lawyer who was relaying a message from the FBI.
The bureau instructed Bankman-Fried’s lawyer that Bahamas police had been on their strategy to arrest his shopper. The feds stated that the fallen FTX founder had to decide on between ready for the native cops to nab him or conform to be extradited to the US underneath “some form of bail circumstances,” in accordance with Forbes.
If Bankman-Fried opted for extradition, the FBI would head off the Bahamian cops and take him into custody. He would then be whisked away and placed on a personal jet certain for the mainland inside a matter of hours, in accordance with Forbes.
However Bankman-Fried wasn’t satisfied that his arrest was imminent, so he had his dad and mom ring up high Bahamian authorities officers in hopes of confirming the tip, Forbes reported.
Not one of the officers who had been referred to as by the Bankman-Frieds claimed to know of any arrest.
“They haven't any f–king clue what that is about,” a supply near Bankman-Fried instructed Forbes.
“They assume it’s apocryphal … and that they guess the US doesn’t perceive that they don’t have energy right here…If we had been going to arrest you, we might have finished that a month in the past,” the supply instructed Forbes.
Bankman-Fried alleges that the arrest was a part of “an organized stress marketing campaign” by the US Division of Justice to get Bahamian authorities to detain him earlier than he had an opportunity to flee.
A cable despatched from DOJ to the workplace of the Bahamian lawyer common two days earlier than the arrest learn: “Lawfully obtained documentary proof and numerous witness interviews point out that Bankman-Fried personally collected billions of dollars from his involvement within the felony conspiracy: thus, he has the means, and should quickly have the motive, to flee The Bahamas.”
The Publish has sought remark from Bankman-Fried’s spokesperson.
Bankman-Fried initially fought extradition, however ultimately relented. He pleaded not responsible to fraud and money-laundering prices earlier than being freed on $250 million bond whereas awaiting trial, which is scheduled to start in Decrease Manhattan this fall.
Bankman-Fried is at present underneath home arrest within the $4 million Palo Alto, Cal. house of his dad and mom — Stanford legislation professors Joseph Bankman and Barbara Fried.
He has denied allegations that he swindled traders and clients of FTX by diverting $1.8 billion invested within the platform to his hedge fund. If convicted, he faces as much as 115 years behind bars.
Bankman-Fried’s household has employed armed personal safety guards and purchased a educated German shepherd that may assault on command with a secret code phrase, in accordance with Forbes.
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