Jailed SBF swaps California mansion for moldy food and raw sewage
Judge Lewis Kaplan has revoked Sam Bankman-Fried’s (SBF) bail and sent him to jail at Metropolitan Detention Center in New York City. That’s the same jail as Martin Shkreli, the ‘pharma bro’ who illegally raised the price of the life-saving medication Deraprim by 5,000% to price-gouge AIDS patients. Like Shkreli, criminal prosecutors charged SBF with defrauding investors. Shkreli served more than three years inside the Brooklyn-based federal jail. Prior to this past weekend, SBF was sitting out his house arrest at his parents’ multi-million dollar house in Palo Alto, California. The court granted him limited liberties like watching Netflix and making phone calls. He availed himself of those liberties extensively, making over 1,000 phone calls and sending 100 emails , not to mention using VPNs to pseudonymously access the Internet. Judge Kaplan reasoned that SBF’s various misdeeds — especially using his communication privileges to attempt to influence potential witnesses...