Sam Bankman-Fried, the previous FTX CEO now serving time for monetary fraud, has been relocated to a medium-security jail in Southern California.
The power, formally known as Victorville Medium II FCI, has a tough fame amongst inmates and is usually known as “Victimville” in on-line discussions.
His switch was confirmed via the Federal Bureau of Prisons’ on-line system. Earlier than arriving in Victorville, Bankman-Fried spent two weeks at a switch middle in Oklahoma. That adopted greater than a 12 months and a half on the Metropolitan Detention Heart in Brooklyn, New York.
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Victorville Medium II at present homes greater than 1,400 inmates. Whereas the atmosphere is hard, the jail presents leisure and academic packages. Inmates have entry to an digital regulation library, and may take part in actions like basketball, leatherwork, artwork, and Foosball. Lessons are additionally out there, together with coaching on Microsoft Workplace 2010.
Zouki’s consulting agency, which supplies details about federal prisons, describes Victorville Medium II as a spot the place inmates usually really feel stress to hitch teams primarily based on race or background.
These teams, generally known as “automobiles”, are widespread in jail and function a type of safety. One inmate quoted by the location mentioned becoming a member of a automotive is “required for private security”.
The identical supply mentions that violence is frequent at this facility. One particular person famous that “fights are common, and stabbings will not be unusual”.
Earlier than Bankman-Fried was relocated to Victorville Medium II, he described his day by day life within the Metropolitan Detention Heart in Brooklyn on March 5. What did he say? Learn the total story.
Having accomplished a Grasp’s diploma in Economics, Politics, and Cultures of the East Asia area, Aaron has written scientific papers analyzing the variations between Western and Collective types of capitalism within the post-World Conflict II period.With near a decade of expertise within the FinTech trade, Aaron understands the entire greatest points and struggles that crypto fanatics face. He’s a passionate analyst who is worried with data-driven and fact-based content material, in addition to that which speaks to each Web3 natives and trade newcomers.Aaron is the go-to particular person for the whole lot and something associated to digital currencies. With an enormous ardour for blockchain & Web3 schooling, Aaron strives to rework the area as we all know it, and make it extra approachable to finish freshmen.Aaron has been quoted by a number of established shops, and is a broadcast writer himself. Even throughout his free time, he enjoys researching the market traits, and in search of the following supernova.
