{"id":1827480,"date":"2023-01-29T07:20:14","date_gmt":"2023-01-29T12:20:14","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1827480"},"modified":"2023-01-29T07:23:15","modified_gmt":"2023-01-29T12:23:15","slug":"sam-bankman-fried-says-he-thought-jail-in-bahamas-would-be-like-the-shawshank-redemption","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/sam-bankman-fried-says-he-thought-jail-in-bahamas-would-be-like-the-shawshank-redemption\/","title":{"rendered":"Sam Bankman-Fried Says He Thought Jail in Bahamas Would Be \u201cLike the Shawshank Redemption\u201d"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">28<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fsam-bankman-fried-says-he-thought-jail-in-bahamas-would-be-like-the-shawshank-redemption%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1827480&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47-->\n<div class=\"featured featured-video video-ct\">\n<div class=\"contain\">\n<div class=\"info\">\n<div class=\"caption\">\n<p>Ira Sorkin, Mintz &#038; Gold partner, discusses whether Sam Bankman-Fried, accused fraudster, will lose his criminal case on The Claman Countdown.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/www.foxbusiness.com\/category\/sam-bankman-fried\" target=\"_blank\" rel=\"noopener\">Sam Bankman-Fried<\/a> According to reports, he believed that his time in jail in the Bahamas would be similar to the classic 1994 film. &#8220;The Shawshank Redemption.&#8221;<\/p>\n<p>&#8220;I thought that it was going to be like The Shawshank Redemption,&#8221; The <a href=\"https:\/\/www.forbes.com\/sites\/stevenehrlich\/2023\/01\/26\/bankman-fried-behind-bars-how-being-unplugged-from-the-internet-untethered-the-former-crypto-billionaire\/?sh=2fd7211a2d29\" target=\"_blank\" rel=\"nofollow noopener\">Disgraced founder of FTX<\/a> Forbes was able to interview the CEO in an exclusive interview that was published on Thursday.\u00a0<\/p>\n<p>Motion picture starring Morgan Freeman was nominated to seven Academy Awards.<\/p>\n<p>The ex-billionaire said that he was given a room in the facility&#8217;s hospital with five other prisoners, which kept him away from the general public.\u00a0<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/markets\/sam-bankman-fried-tweets-away-under-house-arrest\" target=\"_blank\" rel=\"noopener\"><strong>SAM BANKMAN-FRIED TEWEETS AWAY, WHILE UNDER HOUSE ARREST<\/strong><\/a><\/p>\n<div class=\"inline image-ct\">\n<div class=\"m\"><source media=\"(max-width: 767px)\" \/><source media=\"(min-width: 768px) and (max-width: 1023px)\" \/><source media=\"(min-width: 1024px) and (max-width: 1279px)\" \/><source media=\"(min-width: 1280px)\" \/><img decoding=\"async\" src=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2023\/01\/931\/523\/SBF-1.jpg?ve=1&#038;tl=1\" alt=\"Sam Bankman-Fried\"   style=\"display:none\"><\/div>\n<div class=\"caption\">\n<p><span>Sam Bankman-Fried is the co-founder and first judge of FTX Cryptocurrency Derivatives Exchange. He arrives in New York on Tuesday, January 3, 2023.\u00a0<\/span><span> (Stephanie Keith\/Bloomberg via Getty Images\/ Getty Images<\/span><\/p>\n<\/div>\n<\/div>\n<p>Bankman-Fried painted an evocative picture of Fox Hill. He was seen showering with a gardenhose, drying with a towel measuring three by five inches, and then sleeping in the Fox Hill bed. &#8220;worst possible bed that you can imagine, made of cardboard and a piece of semi-soft plastic on top of stilts.&#8221;\u00a0<\/p>\n<p>Once the head of <a href=\"https:\/\/www.foxbusiness.com\/category\/cryptocurrency\" target=\"_blank\" rel=\"noopener\">world\u2019s second-largest cryptocurrency exchange<\/a>He claimed that he used his suit jacket, which he wore to court appearances, as a pillow.\u00a0<\/p>\n<div class=\"inline image-ct\">\n<div class=\"m\"><source media=\"(max-width: 767px)\" \/><source media=\"(min-width: 768px) and (max-width: 1023px)\" \/><source media=\"(min-width: 1024px) and (max-width: 1279px)\" \/><source media=\"(min-width: 1280px)\" \/><img decoding=\"async\" src=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2023\/01\/931\/523\/FOX-HILL.jpg?ve=1&#038;tl=1\" alt=\"Fox Hill\" \/><\/div>\n<div class=\"caption\">\n<p><span>The Bahamas Department of Corrections Fox Hill Prison is where FTX cofounder Sam Bankman-Fried was kept on December 20, 2022, in Nassau.\u00a0<\/span><span> (Joe Raedle\/Getty Images\/ Getty Images<\/span><\/p>\n<\/div>\n<\/div>\n<p>The 30-year-old made friends and felt safe with his fellow inmates, even though some of them wanted him to pay money.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/apps-products\" target=\"_blank\" rel=\"noopener\"><strong><u>GET FOX BUSINESS ON THE GO BY CLICKING HERE<\/u><\/strong><\/a><\/p>\n<p>Forbes reported that the worst thing about it was the absence of internet.\u00a0<\/p>\n<div class=\"inline image-ct\">\n<div class=\"m\"><source media=\"(max-width: 767px)\" \/><source media=\"(min-width: 768px) and (max-width: 1023px)\" \/><source media=\"(min-width: 1024px) and (max-width: 1279px)\" \/><source media=\"(min-width: 1280px)\" \/><img decoding=\"async\" src=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2023\/01\/931\/523\/SBF-BAHAMAS.jpg?ve=1&#038;tl=1\" alt=\"FTX co-founder Sam Bankman-Fried in the Bahamas\" \/><\/div>\n<div class=\"caption\">\n<p><span>Sam Bankman Fried, founder of FTX is escorted to the Magistrate&#8217;s court in Nassau on Dec. 21, 2022.\u00a0<\/span><span> (Joe Raedle\/Getty Images\/Getty Images<\/span><\/p>\n<\/div>\n<\/div>\n<p>&#8220;I didn&#8217;t realize how much more important than everything else combined internet access is to me, but that was like 80% of the total cost of being in prison, &#8221; He stated that he could occasionally access a newspaper,\u00a0<\/p>\n<p>Bankman-Fried stated that he only had one 30-minute call during his entire stay. However, he was allowed to meet with his Bahamian attorneys every day.<\/p>\n<div class=\"inline image-ct\">\n<div class=\"m\"><source media=\"(max-width: 767px)\" \/><source media=\"(min-width: 768px) and (max-width: 1023px)\" \/><source media=\"(min-width: 1024px) and (max-width: 1279px)\" \/><source media=\"(min-width: 1280px)\" \/><img decoding=\"async\" src=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2023\/01\/931\/523\/SBF-COURT.jpg?ve=1&#038;tl=1\" alt=\"FTX founder\" \/><\/div>\n<div class=\"caption\">\n<p><span>After his arraignment in Manhattan Federal Court and bail hearings, Sam Bankman-Fried, founder of FTX, leaves New York City&#8217;s Manhattan Federal Court.\u00a0<\/span><span> (Michael M. Santiago\/Getty Images\/Getty Images<\/span><\/p>\n<\/div>\n<\/div>\n<p>He waived his right of extradition and agreed that he would return to the U.S. in December to face charges. He flew with a private FBI airplane to White Plains police station, New York. There, his lawyers agreed on a $250 million bail agreement, supported in part by his $4 million California house. He <a href=\"https:\/\/www.foxbusiness.com\/category\/legal\" target=\"_blank\" rel=\"noopener\">I pleaded not guilty<\/a> To avoid a slew of federal charges, he pleaded guilty through his lawyers.<\/p>\n<p><a href=\"http:\/\/foxbusiness.com\/\" target=\"_blank\" rel=\"noopener\"><strong><u>CLICK HERE FOR MORE INFORMATION ON FOX BUSINESS<\/u><\/strong><\/a><strong>\u00a0<\/strong><\/p>\n<p>Bankman-Fried\u2019s trial is set for Oct. 2.<\/p>\n<p><i>This report was contributed by Marta Dhanis, Fox Business&#8217; Breck Dumas and Reuters<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ira Sorkin, Mintz &#038; Gold partner, discusses whether Sam Bankman-Fried, accused fraudster, will lose his criminal case on The Claman Countdown. Sam Bankman-Fried According to reports, he believed that his time in jail in the Bahamas would be similar to the classic 1994 film. &#8220;The Shawshank Redemption.&#8221; &#8220;I thought that it was going to be &hellip;<\/p>\n","protected":false},"author":1,"featured_media":1827483,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[547],"tags":[7654,7176,5471,3729,16856,6912,16855],"class_list":["post-1827480","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-bongino-report","tag-bahamas","tag-bankman-fried","tag-jail","tag-like","tag-redemption","tag-sam","tag-shawshank"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1827480","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1827480"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1827480\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1827483"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1827480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1827480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1827480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}