24/7 Cryptocurrency News

Inmate Claims SBF Faces Assault and Extortion Threats in Jail

Inmate Carmine Simpson shares the challenges Sam Bankman-Fried (SBF) faces in jail, including extortion and assault.
Published by
Inmate Claims SBF Faces Assault and Extortion Threats in Jail

Highlights

  • Sam Bankman-Fried is facing difficulties in detention at the Brooklyn Metropolitan Detention Center, with claims of extortion and assault against him.
  • Carmine Simpson, a former New York police officer and fellow inmate, has detailed Bankman-Fried's challenges in a letter to the presiding judge.
  • Despite harsh jail conditions, Bankman-Fried maintains his vegan diet, demonstrating his commitment to his principles.

Sam Bankman-Fried (SBF), the former CEO of the cryptocurrency exchange FTX, an inmate, has come forward with claims highlighting the adversities faced by Bankman-Fried while detained at the Brooklyn Metropolitan Detention Center. The inmate, Carmine Simpson, a former New York police officer with a controversial past, has provided a detailed account in a letter addressed to US District Judge Lewis Kaplan, who is presiding over Bankman-Fried’s sentencing. Simpson’s letter paints a picture of Bankman-Fried as a non-threatening individual who has become a target for extortion and assault behind bars.

Since his incarceration, SBF, once a prominent figure in the cryptocurrency world, has faced significant challenges. According to Simpson, Bankman-Fried’s adherence to a vegan diet, consisting of undercooked rice, a scoop of beans, and week-old lettuce, exemplifies his commitment to his principles despite the harsh conditions. Moreover, Simpson’s letter describes SBF as suffering from hazing, harassment, and physical assaults more frequently than other inmates, attributing these challenges to his high-profile status and perceived wealth.

Advertisement

Concerns Over Safety and Extortion

The safety of Sam Bankman-Fried while in custody has become a pressing concern, as detailed by Simpson’s claims of extortion attempts and fears surrounding jailhouse informants. Bankman-Fried’s notoriety and the substantial wealth associated with his name before his legal troubles have reportedly made him a target for other inmates looking to exploit his situation. The letter to Judge Kaplan suggests that the environment in which Bankman-Fried finds himself is fraught with risks, including the potential for spreading false rumors by those seeking to gain favor with authorities or the press.

These claims come amidst broader discussions about the treatment of high-profile detainees and the conditions within the U.S. prison system. Simpson, despite his controversial background involving charges related to solicitation of minors, frames his correspondence as an appeal for leniency towards SBF, arguing that his continued incarceration serves no beneficial purpose. Instead, Simpson portrays Bankman-Fried as a selfless individual whose potential contributions to society would be better realized outside prison walls.

Advertisement

Public Perception and SBF’s Standing

The letter also touches on Bankman-Fried’s social interactions within the detention center, mentioning a group photo with rapper and former gang member G Lock. This image, described as the first public photo of SBF since his imprisonment, has sparked discussions regarding his ability to navigate the complex social dynamics of incarceration. G Lock’s endorsement of Bankman-Fried, comparing his resilience to other notable figures, further complicates the narrative surrounding Bankman-Fried’s time in detention.

Read Also: Ethereum Staking Giant Ether.fi Raises Fresh $27M

Advertisement

Share
Maxwell Mutuma

Maxwell is a crypto-economic analyst and Blockchain enthusiast, passionate about helping people understand the potential of decentralized technology. I write extensively on topics such as blockchain, cryptocurrency, tokens, and more for many publications. My goal is to spread knowledge about this revolutionary technology and its implications for economic freedom and social good.

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • 24/7 Cryptocurrency News

Bitwise Files S-1 for Avalanche ETF With SEC Following Delaware Registration

Bitwise has followed VanEck and Grayscale in submitting an Avalanche (AVAX) ETF filing to the…

September 16, 2025
  • 24/7 Cryptocurrency News

REX-Osprey Dogecoin and XRP ETFs Set to Launch September 18

The first spot Dogecoin and XRP ETFs are set to launch this week, according to…

September 15, 2025
  • 24/7 Cryptocurrency News

Coinbase’s Base Explores Issuing Network Token to Power ‘Global Economy’ Push

Coinbase’s Base is exploring the possibility of issuing a native network token, marking a major…

September 15, 2025
  • 24/7 Cryptocurrency News

Trump Urges Powell to Make a Larger Fed Rate Cut Ahead of FOMC Meeting

U.S. President Donald Trump is making a last-ditch push ahead of the FOMC meeting this…

September 15, 2025
  • 24/7 Cryptocurrency News

Breaking: PayPal to Integrate Bitcoin, Ethereum, PYUSD In New P2P Payments System

PayPal has announced that it will integrate cryptocurrency into its new peer-to-peer payment flow. The…

September 15, 2025
  • 24/7 Cryptocurrency News

Tom Lee’s BitMine Boosts Ethereum Treasury by $1.87B, Now Holds 2.151M ETH

The Ethereum holdings for BitMine Immersion Technologies have surged to $10.8 billion after rapid accumulation.…

September 15, 2025