In comparison to his prison quarters in The Bahamas, the former billionaire appears to be leading a fairly normal life while under house arrest.
Sam Bankman-Fried reportedly led a normal life while under house arrest in his parent’s Palo Alto home, including daily jogs, a security detail, and a couple of in-home visits.
However, it is far from a life of endless luxury. Among other things, the former FTX CEO is reportedly required to wear an ankle monitor and is only permitted to leave the house under certain conditions.
According to real estate listings, the aforementioned Palo Alto home, located on the outskirts of Stanford University’s campus, is a $4 million property with 5 bedrooms, 3 bathrooms, and a pool.
However, the property has had to be barricaded on both ends because Bankman-Fried has allegedly received death threats, and his home has become something of a tourist attraction for curious onlookers.
According to a December 27 New York Post article, his family is paying $10,000 per week for a private security firm.
Bankman-Fried is required to wear an ankle bracelet, surrender his passport, and seek approval for any transactions exceeding $1,000 as part of the Dec. 22 bond agreement. He is also not allowed to possess a firearm, any other weapon or “destructive device”.
He is only permitted to leave the property for exercise, substance abuse treatment, and mental health purposes, which he is said to have pursued, with multiple reports indicating he has been going for daily jogs with his security detail in tow.