Sam Bankman-Fried's lawyers are currently negotiating with the federal prosecutors in New York for a bail arrangement that could enable the FTX founder to avoid detention, according to a close source who spoke with CNN. If Bankman-Fried is convicted on all eight charges – which include fraud and conspiracy – he could face a life sentence in prison. The facility in question will likely be the Metropolitan Correctional Center in Brooklyn, the same prison where Ghislaine Maxwell was previously held prior to being convicted of child sex trafficking and other crimes. It's also the same location where Epstein was found dead in his cell.
Sex offender and financier Jeffrey Epstein was arrested for sexual crimes with underage girls. On August 10, 2019, Epstein was found dead in his jail cell at the Metropolitan Correctional Center in New York, where he was awaiting trial. He was pronounced dead at 6:39 AM despite the prison guards' efforts to resuscitate him.
The New York City medical examiner ruled that the 66-year-old's cause of death was suicide by hanging. The incident fueled speculations on his death that created the popular "Epstein didn't kill himself" meme. Epstein, who had connections to some of the most influential people in the world – including Bill Clinton and Prince Andrew – frequently flew with his prominent friends to a secluded island where minors were trafficked.
Like Epstein, Samuel Bankman-Fried has ties to individuals in politics, as well as both the pharmaceutical and educational space. The FTX's founder's mother, Barbara Fried, was a Stanford professor and a co-founder of a political fundraising campaign. FTX's Head of Ventures was Amy Wu, who previously worked for the Clinton Foundation. Bankman-Fried's brother Gabe was also the founder and director of the organization Guarding Against Pandemics and was a legislative correspondent for the U.S. House of Representatives. Their aunt Linda Fried was a member of the World Economic Forum. Sam Bankman-Fried was also discovered to have donated about $40 million to Democrats, fueling speculation that FTX was actually a front for money laundering.
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