Cryptocurrencycriminal Justice News

FTX's Bankman-Fried Denied Vegan Diet and Medication in Jail, Lawyers Claim

Sam Bankman-Fried, the founder of cryptocurrency exchange FTX, is reportedly "subsisting on bread and water" in jail as the facility has not provided him with a vegan diet as requested, according to his lawyer. Bankman-Fried, who pleaded not guilty to seven criminal charges related to fraud, has also faced issues with inadequate food and medication, hindering his ability to prepare for his upcoming trial. The former billionaire had his bail revoked after being accused of tampering with witnesses. The new indictment against him charges him with fraud and conspiracy over the collapse of FTX. Bankman-Fried has denied stealing customer funds but acknowledged inadequate risk management.