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FTX

Sean ‘Diddy’ Combs Joins Former FTX CEO In Shared Dormitory At Notorious Brooklyn Jail

Ronaldo Marquez
by Ronaldo Marquez
11 months ago
·
Posted in FTX
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

According to a report by Fortune, Sean “Diddy” Combs and the former CEO of the collapsed FTX crypto exchange, Sam Bankman-Fried, two once prominent figures in their respective fields, now share a dormitory at the Metropolitan Detention Center (MDC) in Brooklyn. 

Harsh Conditions At The Metropolitan Detention Center

Sean Combs, a rapper and music producer, was arrested last week on serious charges, including sex trafficking and racketeering conspiracy.  “Diddy” has pleaded not guilty to these allegations but was ordered to remain in custody without the possibility of bond. 

Related Reading: Bitcoin Eyes $65,000 For Bullish Breakout – Metrics Reveal High Liquidity Above This Level

Conversely, Sam Bankman-Fried, the former multi-billionaire founder of the collapsed cryptocurrency exchange FTX, has been an inmate at MDC since August 2023. His detention followed a federal judge’s decision to revoke his bail after he leaked sensitive diary entries from his former employee and girlfriend Caroline Ellison. 

Bankman-Fried is facing trial related to the spectacular collapse of FTX, which was once valued at over $30 billion. However, his legal team has voiced concerns over inadequate access to necessary resources for his defense, highlighting that he has been living on minimal sustenance.

Per the report, conditions at MDC have drawn criticism from human rights advocates, who describe the environment as “harsh and limiting.” The facility has faced scrutiny for its treatment of inmates, including a power outage in 2019 that left over 1,600 detainees in alleged “freezing conditions” without access to legal counsel. 

Reports of excessive force, delayed medical care, and poor sanitation have also emerged from independent watchdogs monitoring the facility.

Combs Former FTX CEO Share Self-Contained Dorm

Both Combs and Bankman-Fried are now housed in a section of MDC designated for high-profile inmates and those requiring additional protection. This area is described as self-contained and approximately the size of a basketball court, accommodating around 20 inmates with bunk beds. 

While it is still considered general population, the report highlights that it offers more security than public areas of the facility, and inmates do not access communal spaces like the cafeteria.

Related Reading: Bitcoin Stalls Below $65,000 Despite Sellers Losing Momentum: What’s Going On?

The Federal Bureau of Prisons has refrained from commenting on specific conditions or housing assignments due to privacy and security protocols. It remains unclear how long Bankman-Fried will continue to reside in this unit, and his spokesperson has not responded to inquiries regarding his current situation.

In a strange twist, a dorm mate reported that Bankman-Fried has not been maintaining personal hygiene, describing him as becoming “skinny like a toothpick” and referring to him as “a gangster.” 

FTX
The 1D chart shows FTT’s price trending upwards. Source: FTTUSDT on TradingView.com

At the time of writing, FTX’s native token, FTT, is trading at $1.36, recording gains of 5.5% and just over 2% over the seven and fourteen day periods respectively.

Featured image from NBC, chart from TradingView.com 

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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Ronaldo Marquez

Ronaldo Marquez

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Ronaldo is a seasoned crypto enthusiast with over four years of experience in the field. He is passionate about exploring the vast and dynamic world of decentralized finance (DeFi) and its practical applications for achieving economic sovereignty. Ronaldo is constantly seeking to expand his knowledge and expertise in the DeFi space, as he believes it holds tremendous potential for transforming the traditional financial landscape.

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