🚨𝐓𝐡𝐞 𝐅𝐚𝐥𝐥 𝐨𝐟 𝐒𝐚𝐦 𝐁𝐚𝐧𝐤𝐦𝐚𝐧-𝐅𝐫𝐢𝐞𝐝: 𝐅𝐫𝐨𝐦 𝐂𝐫𝐲𝐩𝐭𝐨 𝐊𝐢𝐧𝐠 𝐭𝐨 𝐕𝐢𝐨𝐥𝐞𝐧𝐭 𝐏𝐫𝐢𝐬𝐨𝐧
Once hailed as a crypto genius, Sam Bankman-Fried is now serving a 25-year sentence in FCI Victorville Medium II, a notoriously violent prison in California. The former FTX founder was convicted of fraud, conspiracy, and money laundering after FTX’s 2022 collapse exposed massive misuse of customer funds. Despite many customers recovering their money due to a crypto market rebound, public backlash remains strong.
Victorville prison is known for its extreme violence, racial gangs, and harsh conditions—making it a dangerous environment for someone like Bankman-Fried, who reportedly has no gang affiliations. He was moved there after giving an unauthorized interview, which allegedly led to solitary confinement.
Meanwhile, his parents, both Stanford law professors, are pushing for a presidential pardon, hoping Donald Trump might be their last hope. Their defense centers on the idea that no long-term financial harm was done. Still, many argue Bankman-Fried should be held accountable for the broader damage to trust in crypto.