Close Menu
TechCentralTechCentral

    Subscribe to the newsletter

    Get the best South African technology news and analysis delivered to your e-mail inbox every morning.

    Facebook X (Twitter) YouTube LinkedIn
    WhatsApp Facebook X (Twitter) LinkedIn YouTube
    TechCentralTechCentral
    • News
      Eskom is still counting irregular spending from years ago - Calib Cassim

      Eskom is still counting irregular spending from years ago

      31 August 2026
      The R45-billion missing from Eskom's income statement

      The R45-billion missing from Eskom’s income statement

      31 August 2026
      Eskom's profit doubles even as it sells less electricity - Mteto Nyati

      Eskom’s profit doubles even as it sells less electricity

      31 August 2026
      Eskom and business lobby call a truce over grid reform - Mteto Nyati Busi Mavuso

      Eskom and business lobby call a truce over grid reform

      31 August 2026
      Altman and Musk take their feud to the developers - Sam Altman

      Altman and Musk take their feud to the developers

      31 August 2026
    • World
      AI-generated music banned from Australian charts

      AI-generated music banned from Australian charts

      26 August 2026
      Traders brace for a R4.5-trillion swing in Nvidia's value

      Traders brace for a R4.5-trillion swing in Nvidia’s value

      25 August 2026
      Russia building its own Starlink - and faster than expected - Vadym Skibitskyi

      Russia building its own Starlink – and faster than expected

      11 August 2026
      Meta AI will now tell parents if their teen is in crisis

      Meta AI will now tell parents if their teen is in crisis

      17 July 2026
      IBM shares crash 25% as AI upends software spending - Arvind Krishna

      IBM shares crash 25% as AI upends software spending

      15 July 2026
    • In-depth
      Google DeepMind CEO Demis Hassabis. Image: John Sears

      The plan to stop AI from breaking the world

      16 July 2026
      The internet has a Strait of Hormuz problem

      The internet has a Strait of Hormuz problem

      15 July 2026
      AI boom sparks rally, frenzy and fear

      AI boom sparks rally, frenzy and fear

      11 June 2026
      Every plug-in hybrid on sale in South Africa, ranked by price - Lamborghini Temerario

      Every plug-in hybrid on sale in South Africa, ranked by price

      7 June 2026
      What Wi-Fi 8 will mean for wireless networks

      What Wi-Fi 8 will mean for wireless networks

      1 June 2026
    • TCS
      Watts & Wheels S1E8: 'Tesla lands in Africa, just not here'

      Watts & Wheels S1E8: ‘Tesla lands in Africa, just not here’

      24 August 2026
      Meet the CIO | Discovery's Derek Wilcocks on AI, guardrails and growth

      Meet the CIO | Derek Wilcocks on how AI personalised Vitality

      13 August 2026
      TCS | Money just became native to the internet - Steven Boykey Sidley

      TCS | Money just became native to the internet – Steven Boykey Sidley

      12 August 2026
      TCS+ | Specops' Darren James on continuous trust in an AI world

      TCS+ | Specops’ Darren James on continuous trust in an AI world

      7 August 2026
      TCS+ | How AI is turning hardware into a subscription service - Shane van der Merwe Merchant West

      TCS+ | How AI is turning hardware into a subscription service

      6 August 2026
    • Opinion
      The fragile joint in the Capitec machine - Pambos Soteriades

      The R197-billion market the banks can’t reach

      25 August 2026
      South African tech's compounding debt problem - Jannie van Zyl

      Management consulting as we know it is over

      21 August 2026
      South African tech's compounding debt problem - Jannie van Zyl

      The most dangerous customer is the quiet one

      10 August 2026
      South African tech's compounding debt problem - Jannie van Zyl

      South African tech’s compounding debt problem

      29 July 2026
      The fragile joint in the Capitec machine - Pambos Soteriades

      Best network, worst vibes: the puzzle of SA telecoms

      20 July 2026
    • Company Hubs
      • 1Stream
      • Africa Data Centres
      • AfriGIS
      • Altron Digital Business
      • Altron Document Solutions
      • Altron Group
      • Arctic Wolf
      • Ascent Technology
      • AvertITD
      • BBD
      • Braintree
      • CallMiner
      • CambriLearn
      • CM.com
      • Contactable
      • CYBER1 Solutions
      • Digicloud Africa
      • Digimune
      • Domains.co.za
      • ESET
      • Euphoria Telecom
      • HOSTAFRICA
      • Incredible Business
      • iONLINE
      • IQbusiness
      • Iris Network Systems
      • Kaspersky
      • LSD Open
      • Mitel
      • NEC XON
      • Netstar
      • Network Platforms
      • Next DLP
      • Ovations
      • Paracon
      • Paratus
      • Q-KON
      • SevenC
      • SkyWire
      • Solid8 Technologies
      • Telit Cinterion
      • Telviva
      • Tenable
      • Vertiv
      • Videri Digital
      • Vodacom Business
      • Vox
      • Wipro
      • Workday
      • XLink
    • Sections
      • AI and machine learning
      • Banking
      • Broadcasting and Media
      • Cloud services
      • Contact centres and CX
      • Cryptocurrencies
      • Education and skills
      • Electronics and hardware
      • Energy and sustainability
      • Enterprise software
      • Financial services
      • HealthTech
      • Information security
      • Internet and connectivity
      • Internet of Things
      • Investment
      • IT services
      • Lifestyle
      • Policy and regulation
      • Public sector
      • Retail and e-commerce
      • Satellite communications
      • Science
      • SMEs and start-ups
      • Social media
      • Talent and leadership
      • Telecoms
      • Watts & Wheels
    • Events
    • Advertise
    TechCentralTechCentral
    Home » Sections » Cryptocurrencies » Bankman-Fried jailed in notorious New York prison

    Bankman-Fried jailed in notorious New York prison

    Sam Bankman-Fried will prepare for his fraud trial from a jail where inmates have complained of shocking conditions.
    By Agency Staff14 August 2023
    Twitter LinkedIn Facebook WhatsApp Email Telegram Copy Link
    News Alerts
    WhatsApp
    Sam Bankman-Fried, who faces fraud charges over the collapse of FTX, looks on outside the Manhattan federal court in New York City, 30 March 2023. David Dee Delgado/Reuters

    Sam Bankman-Fried will prepare for his fraud trial from a Brooklyn jail where inmates ranging from convicted sex trafficker Ghislaine Maxwell to Honduras’s former president have complained of subpar conditions.

    US district judge Lewis Kaplan in Manhattan ruled on Friday that Bankman-Fried, the founder of bankrupt cryptocurrency exchange FTX, must be jailed for tampering with witnesses while free on US$250-million ($.r7-billion) bail at his parents’ home in Palo Alto, California.

    Bankman-Fried, who has pleaded not guilty to fraud charges over FTX’s collapse, will now be housed before his 2 October trial in Brooklyn’s metropolitan detention centre, a far cry from the luxurious Bahamas resort where he lived until his December 2022 arrest and extradition to the US.

    Jeffrey Epstein killed himself in his Brooklyn jail cell while awaiting trial on sex trafficking charges

    In recent years, prison has been plagued by persistent staffing shortages, power outages and maggots in inmates’ food. Earlier this year, a guard pleaded guilty to accepting bribes to smuggle in drugs. Public defenders have called conditions “inhumane”.

    In the winter of 2019, an electrical fire cut off the jail’s lighting and heat for days as temperatures fell to -18ºC.

    Lawyers for Maxwell, who was convicted of recruiting and grooming teenage girls for abuse by the late financier and sex offender Jeffrey Epstein, said raw sewage seeped into her cell. Her attorneys compared the “reprehensible and utterly inappropriate” conditions there to Hannibal Lecter’s incarceration in the 1991 movie The Silence of the Lambs, “despite the absence of the cage and plastic face guard”.

    They also cited “hyper-surveillance” by overbearing guards, a bad diet and sleep deprivation.

    Maxwell was sentenced last year to 20 years and is being held at a prison in Florida.

    Bankman-Fried lawyers

    The US Bureau of Prisons, which runs the jail, did not respond to a request for comment. The agency previously has said it is committed to the safety of inmates and staff, and that humane treatment of inmates is a top priority.

    Founded in 1994, the detention facility currently hosts 1 608 inmates. It is now the jail housing detainees awaiting federal trials in New York City, after the Manhattan correctional centre closed in 2021 for improvements. Epstein killed himself in his Brooklyn cell while awaiting trial on sex trafficking charges.

    Read: Wild FTX allegations include plan to buy private island

    Bankman-Fried’s lawyers had urged Kaplan not to jail the 31-year-old former billionaire, in part because a “staffing crisis” at the jail meant there would be too few guards to escort him to a room where he could access computers to review prosecutors’ evidence against him.

    Kaplan said during the hearing that while the prison “is not on anybody’s list of five-star facilities”, he was not sure whether housing Bankman-Fried at a minimum security jail in Putnam County, about 80km north of New York City, as prosecutors had requested, was “doable”.

    It is not Bankman-Fried’s first time behind bars. In the Bahamas, he was held for nearly a week at the Fox Hill prison, which a 2021 US state department report said was plagued by rodents and a lack of toilets. Local authorities said in December conditions had improved.

    Other high-profile inmates currently being held at the Brooklyn jail include Juan Orlando Hernandez, the former president of Honduras who has pleaded not guilty to drug trafficking charges, and Guo Wengui, an exiled Chinese businessman who has pleaded not guilty to fraud charges.

    Hernandez’s lawyers have likened his confinement conditions to those of a “prisoner of war”. Guo’s lawyers in March called the Brooklyn facility “an extraordinarily dangerous environment”, citing a recent lockdown in response to an increase in contraband including weapons.  — Luc Cohen, (c) 2023 Reuters

    Get TechCentral’s daily newsletter

    Follow TechCentral on Google News Add TechCentral as your preferred source on Google


    FTX Jeffrey Epstein Sam Bankman-Fried
    WhatsApp YouTube
    Share. Facebook Twitter LinkedIn WhatsApp Telegram Email Copy Link
    Previous ArticleRamokgopa claims energy picture still improving
    Next Article Google-backed OpenAI rival raises $100-million

    Related Posts

    Trump plans to designate crypto as a US national priority

    17 January 2025
    Binance founder Changpeng Zhao jailed for four months

    Binance founder Changpeng Zhao jailed for four months

    1 May 2024
    Biggest tech blunders of all time

    Biggest tech blunders of all time

    9 April 2024
    Company News
    LSD Open earns Red Hat automation specialisation

    LSD Open earns Red Hat automation specialisation

    31 August 2026
    The stuff that doesn't fit on the quote - Graham Millar SevenC

    The stuff that doesn’t fit on the quote

    28 August 2026
    Can you trust the AI speaking to your customers? - 1Stream

    Can you trust the AI speaking to your customers?

    27 August 2026
    Opinion
    The fragile joint in the Capitec machine - Pambos Soteriades

    The R197-billion market the banks can’t reach

    25 August 2026
    South African tech's compounding debt problem - Jannie van Zyl

    Management consulting as we know it is over

    21 August 2026
    South African tech's compounding debt problem - Jannie van Zyl

    The most dangerous customer is the quiet one

    10 August 2026

    Subscribe to Updates

    Get the best South African technology news and analysis delivered to your e-mail inbox every morning.

    Latest Posts
    LSD Open earns Red Hat automation specialisation

    LSD Open earns Red Hat automation specialisation

    31 August 2026
    Eskom is still counting irregular spending from years ago - Calib Cassim

    Eskom is still counting irregular spending from years ago

    31 August 2026
    The R45-billion missing from Eskom's income statement

    The R45-billion missing from Eskom’s income statement

    31 August 2026
    Eskom's profit doubles even as it sells less electricity - Mteto Nyati

    Eskom’s profit doubles even as it sells less electricity

    31 August 2026
    © 2009 - 2026 NewsCentral Media
    Built and maintained by Chronon
    • Cookie policy (ZA)
    • TechCentral – privacy and Popia

    Type above and press Enter to search. Press Esc to cancel.

    Manage consent

    TechCentral uses cookies to enhance its offerings. Consenting to these technologies allows us to serve you better. Not consenting or withdrawing consent may adversely affect certain features and functions of the website.

    Functional Always active
    The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
    Preferences
    The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
    Statistics
    The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
    Marketing
    The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
    • Manage options
    • Manage services
    • Manage {vendor_count} vendors
    • Read more about these purposes
    View preferences
    • {title}
    • {title}
    • {title}