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Sam Bankman-Fried spent house arrest at a desk cluttered with items including cinnamon gum, a mini fan, and a bottle of Adderall

Sep 26, 2023, 20:53 IST
Business Insider
Former FTX Chief Executive Sam Bankman-Fried spent his time under house arrest at his parents' home in Palo Alto, California.Eduardo Munoz/Reuters
  • Sam Bankman-Fried was under house arrest until he was remanded to jail in August.
  • At home, his desk was cluttered with items such as a pack of gum, a mini fan, and Adderall.
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Until August, the disgraced crypto mogul Sam Bankman-Fried had apparently been living a relatively humdrum life at his parents' home in Palo Alto, California.

Of course, that's despite the fact he was there under house arrest for 13 criminal charges, including securities fraud and money laundering, in the wake of his collapsed crypto empire.

Bankman-Fried told The New Yorker for a recent profile that he spent his days engaged in "case prep" because "there's not a lot else that I can be doing." (Bankman-Fried's trial is set to begin in early October.)

And his desk — at least on the day that The New Yorker's Sheelah Kolhatkar visited him — was cluttered with "packs of cinnamon gum, fidget spinners, a mini-fan, deodorant, and a bottle of Adderall," the reporter wrote. Bankman-Fried was diagnosed with ADHD and depression years ago, The New Yorker reported.

Sam Bankman-Fried's parents, Barbara Fried and Joseph Bankman.Michael M. Santiago/Getty Image
For dinner on the night of the reporter's visit, Bankman-Fried's mother, Barbara Fried, offered the option of "pasta and vegetables," while his father, Joseph Bankman, "emerged with a bottle of California Cabernet" as the dinner table was being assembled, the profile said.

His parents' home, however, had also become the subject of threats ever since FTX's collapse, his lawyers said.

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In January, a black car drove into a metal barricade set up outside the home, with three men getting out and saying something to the effect of, "You won't be able to keep us out," Bankman-Fried's lawyers said. The family has hired security guards and supplemented them with a German shepherd named Sandor, who is trained to attack on order, The New Yorker reported.

Bankman-Fried's living conditions have drastically changed in recent months. In August, Bankman-Fried — who had originally been released to his parents' home on $250 million bail — was remanded to jail by the district judge Lewis Kaplan for witness tampering.

He's now at the Metropolitan Detention Center in Brooklyn — where SBF's conditions at the jail have been described as "inhumane" by public defenders. He was said to be living off a diet of peanut butter sandwiches and water due to the lack of vegan options and apparently had problems accessing Adderall.

Bankman-Fried's attorney, Mark Cohen, wrote a note to Judge Kaplan last month asking him to grant Bankman-Fried "uninterrupted access" to Adderall, noting that "for the past three years, Mr. Bankman-Fried has been prescribed Adderall 10mg tablets, 3-4x/day for the treatment of ADHD," CNBC reported. The judge granted the request.

Bankman-Fried's lawyer did not immediately respond to a request for comment from Insider.

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