Bankman-Fried in Bahamas detention centre is facing uncertain conditions
Brian Ellsworth and Jasper Ward
Dec 13, 2017 (Reuters) – Sam Bankman-Fried, a prisoner, was confronted by rodents at his Bahamas detention center. However, a U.S. State Department 2021 report states that the conditions have improved.
Bankman-Fried, aged 30, arrived in Bahamas for his first public appearance since the dramatic collapse of cryptocurrency exchange he started.
In an apparent bid to obtain bail, he did not waive the hearing for his extradition to the United States to face misappropriating funds charges and violations of campaign laws. Instead, Chief Magistrate JoyAnn FergusonPratt remanded him to the Bahamas Department of Correctional Services, where he will remain until February 8.
Doan Cleare, Bahamian Commissioner for Correctional Services, said that preparations are being made to house him in the medical section. Cleare stated that he would be placed in a sick bay with five people.
Cleare stated that Cleare would be in sick bay to assist with orientation and then determine the best place for him to go,” Cleare said via telephone on Tuesday.
The U.S. State Department referred to conditions at Fox Hill Prison (also known as Fox Hill Prison) as “harsh” in a 2021 Report. It noted overcrowding as well as rodent infestation and prisoners relying on buckets for their toilets.
Cleare claimed Tuesday that prison conditions have been greatly improved by a renovation program, which has resulted in the construction of new cells.
Cleare stated, “The facilities, almost all of them have been restored.” Cleare stated, “We still have one to go and there are no issues with rodents.”
Larry Levine is the founder of Wall Street Prison Consultants. He advises white collar offenders on how best to get into prisons. Bankman-Fried shouldn’t be fighting extradition.
Levine stated, “There’s no benefit for him to stay, he’ll probably be sent to U.S. soon anyway.”
U.S. prosecutors have charged Bankman-Fried, founder and former CEO, of crypto currency exchange FTX with fraud and violating campaign finance law violations. They claim he made illegal contributions to Democrats, Republicans, and used “stolen customer cash” for campaign donations.
Mark S. Cohen, Bankman Fried’s lawyer, stated in a statement that his client was weighing all his legal options.
Although Bankman-Fried apologized to customers, he acknowledged that FTX had made mistakes. However, he said that he doesn’t believe he is guilty of any criminal offense. (Reporting by Jasper Ward, Brad Brooks and Sam Holmes in Washington; Editing by Megan Davies and Noeleen Walder.