Sam Bankman-Fried moved to a low-security prison — so what?

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Coin Telegraph 13 hours ago 149

Sam Bankman-Fried moved to a low-security prison — so what?

Sam “SBF” Bankman-Fried, the disgraced co-founder of collapsed cryptocurrency exchange FTX, to a low-security US federal correctional institution

Bankman-Fried was moved to the low-security Terminal Island federal correctional institution. Previously, he was located at the Victorville medium-security facility — a notoriously violent facility, according to prison consultant firm Elizabeth Franklin-Best.

Samuel Goldfaden, a partner at the crypto-centric lawfirm, DLT Law told Cointelegraph that while his previous facility was violent, BankmanFried was held in a safer part of the facility. He said:

“Sam Bankman-Fried spent most of his detention in the more secure dorm units of MDC Brooklyn, reportedly alongside other high-profile inmates such as Sean P. Diddy to ensure his safety.“
Sam Bankman-Fried moved t...


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