Disgraced Former FTX CEO Sam Bankman-Fried actually simply moved to California after an unsanctioned jail interview – however are these strikes a part of an even bigger recreation? Right here’s a glance inside SBF’s jail playbook.
Sam Bankman-Fried, the crypto poster boy turned convicted felon, has resurfaced within the headlines once more—this time not for courtroom drama or change meltdowns, however for quietly being relocated to a infamous Los Angeles jail with a Hollywood-level inmate historical past.
From Al Capone to Charles Manson, Terminal Island Federal Correctional Establishment (often called ‘the Prison by the sea’) is now residence to the disgraced founding father of FTX, who’s serving 25 years for one of many largest monetary frauds in trendy historical past.
Inside Terminal Island: How Did Sam Bankman-Fried Land Low Safety With a Sea View?
Terminal Island could also be low-security on paper, however make no mistake, regardless of its coastal location close to Hollywood, this isn’t some white-collar nation membership for disgraced executives.
Situated on an remoted strip between the Port of Los Angeles and the Pacific, the ability is notorious for housing a few of America’s most infamous inmates over the many years, together with mob boss Al Capone, cult chief Charles Manson, and extra just lately, Theranos COO Ramesh “Sunny” Balwani.
At this time, it holds over 1,000 male inmates, most of whom are serving time for federal drug, white-collar, or immigration-related crimes. Cells are cramped, double-bunked, and safety stays tight regardless of the “low-security” designation.
A 2022 Prison Infrastructure Report on circumstances in Terminal Island Prison by the Justice Division discovered that “As of May 2022, FCI Terminal Island identified over $100,000,000 in needed projects for which funding is not currently available.”
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Inmates comply with a inflexible each day schedule, with necessary work assignments, regimented meal instances, and minimal privateness.
Sources acquainted with the ability describe it as “institutional monotony meets quiet menace”, which means much less violent than high-security prisons, however nonetheless a spot the place alliances, pecking orders, and unstated guidelines govern each day life.
Leisure entry features a fundamental library, restricted e mail privileges, and supervised recreation yards. However what actually defines Terminal Island is its air of light infamy, and the psychological weight of being warehoused amongst males who both made historical past, or tried to cheat it.
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What’s Sam Bankman-Fried’s Prison Playbook? From Carlson Interviews to LA Prison Transfers
However this isn’t simply one other jail switch. It’s a strategic shift, insiders say, following a string of audacious strikes from the fallen crypto kingpin, who seems to be orchestrating a weird redemption arc from behind bars.
Weeks earlier than the switch, SBF shocked the general public with a rogue interview from jail, broadcast by Tucker Carlson.
The interview, which can have been performed by way of a smuggled smartphone, aired with out the Bureau of Prisons’ approval and reportedly landed Bankman-Fried in solitary confinement. That, nonetheless, hasn’t stopped him.
In actual fact, it looks as if a part of a broader playbook.
Leaked Google Docs from SBF’s pre-sentencing days revealed plans to rehabilitate his public picture by way of conservative media.
One bullet level actually learn: “go on Tucker Carlsen, come out as Republican, anti-woke.” A typo, and a technique, worthy of a Netflix script.
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The timing is something however random. With Donald Trump again in workplace and an extended historical past of presidential pardons for politically handy allies, Bankman-Fried seems to be realigning himself as a MAGA-friendly martyr, hoping to pivot from crypto villain to misunderstood libertarian whistleblower.
In the course of the Carlson interview, SBF even claimed his $15 billion empire may have repaid customers in full, brushing previous the brutal actuality of his $11 billion restitution order. He dismissed the convictions of former FTX associates—Caroline Ellison, Ryan Salame, Gary Wang—as political theater, subtly portray himself because the final trustworthy man in a system rigged by prosecutors.
And now, in Terminal Island, removed from the media frenzy of Brooklyn, however nonetheless shut sufficient to California’s political heartbeat, SBF is rebuilding his subsequent transfer.
His cellmates will not be financiers, however his script appears to be like extra political than penitential.
Whether or not that is the start of a pardon bid or simply one other delusion from a fallen empire builder, one factor is definite: Sam Bankman-Fried just isn’t accomplished speaking. And this story is way from over.
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The publish Sam Bankman-Fried Just Moved to California: Inside SBF’s Prison Playbook appeared first on 99Bitcoins.