SBF Pleads Not Guilty Again, Complains About Lack of Vegan Food in Prison (Report)

The founding father of FTX – Sam Bankman-Fried (SBF) – has reportedly pleaded not responsible in a Manhattan federal courtroom to seven legal prices in a brand new indictment. This was his first look since his bond was revoked earlier this month, resulting in his imprisonment.

SBF is anticipated to spend the times till his trial in MDC Brooklyn: a jail situated in New York Metropolis infamous for its disagreeable residing situations. The lawyer of the 31-year-old American – Mark Cohen – claimed that his shopper survives on “bread and water” as a result of the jail refused to honor his vegan eating regimen and drugs necessities.

No Change of the Plea

As reported by Reuters, the fallen crypto mogul has as soon as once more pleaded not responsible to a number of fraud and conspiracy prices that allege him as the principle offender behind the FTX collapse and the colossal investor losses it introduced.

Prosecutors have beforehand accused him of stealing billions of {dollars} from customers and orchestrating an enormous rip-off. Whereas SBF acknowledged insufficient danger administration at FTX, he denied draining purchasers’ funds. 

It’s value mentioning that the brand new indictment didn’t cost Bankman-Fried with conspiring to violate US marketing campaign finance legal guidelines for the reason that authorities of the Bahamas objected to that matter. 

Nonetheless, American prosecutors stay decided to point out that he allegedly donated roughly $100 million to US political campaigns, which was a key a part of his possible fraudulent scheme. 

SBF pleaded not responsible in January and has not modified his stance ever since. Not like him, Caroline Ellison (former CEO of Alameda Analysis and his ex-lover) and Gary Wang (former government at FTX) admitted having a job in the meltdown final November. Each people are poised to testify in opposition to Bankman-Fried within the trial, set for October 2.

His Jail Days Went From Unhealthy to Worse

The previous CEO of FTX was lately positioned in MDC Brooklyn (a jail facility in New York Metropolis) after sharing non-public data from Ellison’s diary. The US Division of Justice (DOJ) argued that these actions might have intimidated his ex-romance accomplice and insisted on SBF’s detention.

As CryptoPotato beforehand reported, MDC Brooklyn is among the many worst jails within the area, the place contaminated meals and water, overflowing bathrooms, corruption, and violence should not absent. 

SBF’s lawyer has additionally maintained that the jail’s administration crew didn’t honor his shopper’s meals necessities, and consequently, he’s “subsisting on bread and water.” It’s attention-grabbing to notice that he insisted on a vegan eating regimen, whereas a press release from the Bureau of Prisons claimed MDC supplies “nutritionally ample meals” and that “all dietary necessities are met.”

As well as, Cohen stated the jail failed to present him the treatment Adderall to deal with consideration deficit hyperactive dysfunction, whereas the availability of Emsam to remedy despair was working low.

Based on the lawyer, these elements might hamper SBF’s skill to correctly put together for the upcoming trial. If discovered responsible on all prices, the previous boss of FTX might obtain as much as 115 years in jail.