Sam Bankmanfried was sent to a “notoriously hard” prison in California
The Federal Prisons Bureau had transported Sambankman Fried to a California prison as of Wednesday, according to the BOP inmate database. The disgraceful founder of failed crypto exchange FTX was previously Oklahora At the Federal Transport Center for prisoners for about two weeks, from late March to April. Before that, he lived in Brooklyn. Metropolitan Detention Center. Currently he is in one of two federal moderate security prisons for men in Victorville, a small city east of Los Angeles.
“He left from a five-star hotel to a one-star hotel,” said Larry Levine, a federal prison consultant and former prisoner. luck, Compare accommodations in Bankmanfried in Brooklyn with accommodations in Victorville. “That’s such a big difference.”
prison consultant Kyle Sandler, who was released from federal custody a year ago, mirrored Levine, saying Victorville was a “notorious” federal prison. “He’s in real prison right now,” he added.
In 2014, the District of Columbia was the Information Council, a monitoring body that monitors prisons where DC prisons are being held; It has been reported Victorville prisoners witnessed a high level of violence, including gang-related deaths and assaults.
A BOP spokesman declined to say whether the California city prison was the long-term destination for bankers and did not immediately respond to requests for comment regarding the prison situation. Levine speculated that Victorville would be the near future Bankman Fried home. “It looks like he’s been designated,” he said.
Bankman-Fried’s lawyers did not immediately respond to requests for comment.
Once the former code mogul arrives in California, speculation about where the bankers exist after the federal judge could end Judgment He was placed in prison in March 2024 in 25 years in prison. Found The former CEO has committed fraud charges for sucking up more than $8 billion in customer funds from his crypto exchange in one of the biggest financial crimes in US history.
Throughout his trial, Bankmanfried was at the Brooklyn holding facility in sections reserved for famous prisoners such as Sean “Diddy” Combs and Luigi Mangione. The judge who presided over his case recommended that BOP move him to a California prison and approach his parents, a professor at Stanford University in the Palo Alto area, about 400 miles north of Victorville.
Bankman Fried lawyerHowever, he appealed to the ju court conviction and asked him to stay in Brooklyn.
In addition to his appeal, Bankman Fried was forgiveness From President Donald Trump. Before BOP moved him from Brooklyn to Oklahoma, the former CEO said media Blitz With a clear bid to curry favor with the president. He conducted fraudulent video interviews from prison Tucker Carlson,former Fox A news host who currently has his own program.
Advertising stunts It is reportedly I was kept by a bank and was trapped in solitude May The result is further punishment for wandering around the old code.
This story was originally introduced Fortune.com