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 referred to as Victorville Medium II FCI, has a tough popularity amongst inmates and is usually known as “Victimville” in on-line discussions.
His switch was confirmed by 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 Middle in Brooklyn, New York.
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Victorville Medium II at the moment homes greater than 1,400 inmates. Whereas the setting is hard, the jail affords leisure and academic packages. Inmates have entry to an digital regulation library, and might take part in actions like basketball, leatherwork, artwork, and Foosball. Lessons are additionally obtainable, together with coaching on Microsoft Workplace 2010.
Zouki’s consulting agency, which gives details about federal prisons, describes Victorville Medium II as a spot the place inmates typically really feel stress to hitch teams primarily based on race or background.
These teams, generally referred to as “automobiles”, are widespread in jail and function a type of safety. One inmate quoted by the positioning stated becoming a member of a automobile 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 should not unusual”.
Earlier than Bankman-Fried was relocated to Victorville Medium II, he described his every day life within the Metropolitan Detention Middle in Brooklyn on March 5. What did he say? Learn the complete 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 Battle II period.With near a decade of expertise within the FinTech business, Aaron understands the entire greatest points and struggles that crypto fans 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 business newcomers.Aaron is the go-to particular person for every little thing and something associated to digital currencies. With an enormous ardour for blockchain & Web3 schooling, Aaron strives to remodel the area as we all know it, and make it extra approachable to finish freshmen.Aaron has been quoted by a number of established retailers, and is a broadcast writer himself. Even throughout his free time, he enjoys researching the market tendencies, and on the lookout for the following supernova.
