SBF on the Move Again: From ‘Victimville’ to Low-Security Prison

The Federal Bureau of Prisons has transferred the co-founder of FTX and fried former CEO SAM Bankman to the low Security Federal Correctional Institution Terminal Island in Los Angeles, after a stop at the Notorious violent Medium-Security Facility in Victorville, California, according to the The prisoners register of Agency.

“This is a wannabe political garden,” a prisoner told the Zoukis Consulting GroupThat information compiles about different prisons on a website.

Other prisoners added that “the food and the location are great” and noted that “it is by the water” and there is a “lack of violence”.

That is very different from the Victorville prison, called “Victimville”, where Bankman-Gefriedduur almost two weeks after FOB had moved him from an Oklahoma Transfer Center earlier this month.

SBF, which was sentenced in November 2023 to 25 years in prison for cheating the users of FTX, spent more than 18 months in the Metropolitan Detention Center (MDC) in Brooklyn, NY

Terminal Island is located in the port of San Pedro, almost three hours southwest of Victorville and 45 minutes from the center of Los Angeles. Built in the late 1930s, the facility, which houses more than 900 prisoners, was famous the home base of the ailing gangster Al Capone in 1939. SBF’s prisoners will contain Videogame Mouli Cohen and former stock broker Anthony Elgindy, both of whom were convicted of fraud and blows.

Bankman-Grijduurd has access to a Wet Library and can spend up to $ 360 per month of a Commissioner account. The prison offers wellness and social programs, together with student places in welding, sanitary facilities, pipe adjustment, making cabinet, cooking and baking, among other things professions. However, one prisoner described medical and dental care as ‘terrible’.

Yet that is an important change of Victorville, where fighting and stabbing were described as usual, and prisoners thought they should belong to specific groups for their safety.

It is not immediately clear when Bankman-Gefrieduurt transferred to FCI Terminal Island. The Bureau of Prisons did not respond immediately Decrypts Investigate this.

Bankman-Gorchuurduur was found guilty of seven charges” Including wire fraud, securities fraud and raw material fraud.

His transfer comes in the midst of signs that the public memory of the implosion of FTX is largely blurred in the American supervisors under more crypto-friendly supervision of the Tump Administration has reduced their restrictions on industry.

It also follows the efforts of lawyers to secure the transfer of Bankman-Bakken, who is autistic, to a facility with a lower security because of its neurological condition and lack of earlier criminal history.

Baked Bankman an appeal submitted From his conviction last fall, claiming that he was “supposed to be guilty” was long before his weeks -long process.

With the help of his parents, he is reportedly Looking for a grace from US President Donald Trump.

Published by James Rubin