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SBF, who was once worth $26 billion, says he tried to survive on a jar of peanut butter when in a Bahamian prison



Disgraced ex-FTX CEO Sam Bankman-Fried says he tried to survive on a jar of peanut butter when being held at the Fox Hill prison in the Bahamas.

Bankman-Fried, who is currently under house arrest, spoke about his short incarceration in the Bahamas during an interview with Puck News, published on Tuesday.

“I spent a while trying to see how far a jar of peanut butter could get me,” Bankman-Fried told Puck News.

“It was a little touch and go for a while,” Bankman-Fried said, speaking of his health during his imprisonment at Fox Hill.


According to a December report from the New York Times, the jail Bankman-Fried was held in was called “Fox Hell” by Bahamian locals, and was known for its bad living conditions and rampant violence. The Times reported that Bankman-Fried was given toast and jam for breakfast because he was vegan, and served vegetables for lunch and dinner.

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At his peak, Bankman-Fried was worth $26 billion. However, he saw nearly all of his net worth wiped out overnight when his crypto-exchange platform, FTX, collapsed.

Bankman-Fried told Axios in November that he only has $100,000 in his bank account. Bankman-Fried’s parents are both Stanford Law School professors, who used their California home to help secure his $250 million bond.

On January 3, Bankman-Fried pleaded not guilty to fraud and conspiracy charges in the Justice Department’s criminal case against him. He is currently out on bail and is living in his parents’ home in Palo Alto, California.


During his interview with Puck News, Bankman-Fried also said he has “nothing left” where relationships and support is concerned, because most of his friends aren’t talking to him anymore.

“I don’t blame people for wanting to try and avoid getting drawn into the shitshow as best they can,” Bankman-Fried said.

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A spokesperson and a lawyer for Bankman-Fried did not immediately respond to Insider’s requests for comment.

Read the original article on Business Insider


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