Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.
Sam Bankman-Fried, the co-founder of FTX, will be housed in Brooklyn’s Metropolitan Detention Center ahead of his fraud trial in October. The facility is notorious for its poor living conditions, including staffing shortages, power outages, and maggots in inmates’ food, and houses convicted sex trafficker Ghislaine Maxwell. Bankman-Fried is being held for tampering with witnesses while out on a $250 million bond. He has consistently pleaded not guilty to fraud charges related to the crypto exchange’s collapse. Public defenders have called the conditions at the detention center “inhumane.”
