After being denied bail in a Justice of the Peace’s court docket within the Bahamas, former FTX CEO Sam Bankman-Fried stated on the Fox Hill Jail within the nation, a facility that has reported bodily abuse and “harsh” circumstances for prisoners. I may spend as much as 2 months.
Bahamian authorities reportedly remanded Bankman-Fried to Fox Hill’s medical wing following a December 13 listening to. SBF’s attorneys stated he was on medicine, together with Adderall and antidepressants, earlier than he was arrested on Dec. 12, however that the previous CEO had been killed in a correctional facility, medical unit, or elsewhere. It’s unknown whether or not or not he’ll serve.
In keeping with the U.S. State Division’s 2021 Human Rights Report, circumstances in Fox Hill have been “predicted,” primarily based on analysis that discovered amenities to be overcrowded, prisoners to be malnourished, and to have insufficient sanitation and medical care. It was harsh. The report additionally included instances of bodily abuse by corrections officers.
“The most important males’s guard cell measures roughly 6 toes by 10 toes and accommodates as much as six folks with out mattresses or rest room amenities,” the report stated. “Inmates used buckets to take away human excrement. Prisoners complained of a scarcity of beds and bedding. Some inmates developed bedsores whereas mendacity on the naked floor. It was an actual drawback and the cells have been infested with mice, maggots and bugs.”
Fox Hill was the one jail within the Bahamas, and Carmichael Street Detention Heart was meant for short-term internment. Nevertheless, Bahamas Correctional Providers Commissioner Doan Clearer was quoted as saying a lot of the amenities had been refurbished based on a State Division report and that there had been no “rodent issues.”
Bankman-Fried is prone to stay in custody within the Bahamas till February as extradition proceedings with america progress. The previous FTX CEO has been indicted by the Division of Justice, the Commodity Futures Buying and selling Fee and the Securities and Change Fee in reference to investor and lender fraud.
Many within the cryptocurrency business referred to as for Bankman-Fried’s arrest following the FTX liquidity disaster and subsequent chapter. The previous CEO went on an ‘apology tour’ in main media proper earlier than he was arrested by the authorities, and lots of identified the contradictions and falsehoods of his remarks.
It’s completely baffling that SBF settled within the Bahamas and, presumably realizing the jail circumstances, selected to remain after FTX collapsed.
Clearly, he did not consider for a second that he can be arrested.
He’s now praying for extradition. https://t.co/4QSg2isycf
— All Avenue Wolves (@scottmelker) December 14, 2022
Associated: Hours earlier than arrest, SBF denied being a part of ‘Wirefraud’ chat group
Social media abounded with conspiracy theories concerning SBF’s destiny within the Bahamas, or his doable return to america. Infer He tried to bribe him out of jail. It’s reported that if he returns to america and is discovered responsible of all costs, he might be sentenced to 115 years in jail.