Former FTX CEO Sam Bankman-Fried spent his first night in Fox Hill’s Maximum Security Housing unit.
According to a Thursday report from the Nassau Guardian, Bankman-Fried is being housed in the prison’s sick bay with five other inmates, where he receives his medication on time. Doan Cleare, the Bahamas Acting Commissioner of Corrections, said that “he is in good spirits.”
After being denied bail earlier this week, the FTX founder was ordered to remain in custody at the Bahamas Department of Correctional Services’ Fox Hill prison until Feb. 8. The establishment, which is the only penitentiary on the island, has been reported to have one of the harshest living conditions for inmates.
In 2021, the U.S. State Department described the prison as one that was infested with “rats, maggots, and insects.” The report noted that the maximum-security cells were around six feet by 10 feet and held six persons without mattresses or toilet facilities, where inmates removed human waste by bucket.
Bankman-Fried will be housed in the prison’s sick bay until authorities determine where it is best to place him, Cleare said in a phone interview with Reuters on Tuesday
“Mr Fried is receiving no special treatment than any other inmate,” said Cleare.
In his bail application, the FTX founder’s lawyer Jerome Roberts stated that Bankman-Fried requires daily replacements of Emsam patches to treat his depression, 10 milligrams of allergy pill Zyrtec, also to be taken daily, and 10 milligrams of Adderall for his ADD every four hours.
At the time of writing, Reuters reported that Bankman-Fried has made a new application for bail that will be heard January 17.