Former FTX CEO Sam Bankman-Fried is going into his third night with over 1,500 other inmates in one of New York's most notorious prisons — a far cry from his parent's multi-million dollar five-bedroom home in Stanford.
The FTX co-founder had his bail revoked by Judge Lewis Kaplan in an Aug. 11 hearing, where he described the Brooklyn Metropolitan Detention Center (MDC) as being a jail “not on anybody’s list of five-star facilities.”
Duuude they put SBF in MDC?That’ll break him. Going to get a guilty plea within days…. https://t.co/WrUf8rzKUO
The MDC is a federal administrative detention center based in New York. It is an all-gender facility accommodating individuals under federal custody. The facility currently houses over 1,500 inmates but was only built to accommodate 1,000.
Bankman-Fried is expected to spend at least the next two months at the facility as he awaits his criminal trial, though his lawyers have already filed an appeal to have his bail revocation revised.
Unfortunately for Bankman-Fried, the prison has long been embroiled in scandals involving inmate mistreatment and corruption.
Ex-warden Cameron Lindsay said in 2019 that the MDC was “one of the most troubled, if not the most troubled facility in the Bureau of Prisons.”
In April prosecutors charged a guard with taking bribes in exchange for smuggling in contraband such as phones, cigarettes, and drugs.
In winter 2019 the facility suffered a week-long power outage leaving inmates with no heating.
The Intercept reported inmates were banging on cell windows to outside onlookers and those non-violently protesting the conditions were pepper sprayed, thrown in solitary confinement or had their toilets shuttered.
Many high-profile figures have previously been remanded
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