Martin Shkreli Details Sam Bankman-Fried’s Life in Prison

Martin Shkreli, the former CEO of several hedge funds and pharmaceutical companies, offered updates about the life of Sam Bankman-Fried in prison. Jeremy Lorenzo (aka Flacco Poops), Shkreli’s source on MDC Brooklyn, the center in which Bankman-Fried is being held, stated that he has been facing some troubles due to inmates believing he was a “chomo” (prison slang for child molester) and that he was now moved to another area with Asian inmates.

Martin Shkreli States Sam Bankman-Fried Faces Problems in Brooklyn’s MDC

Martin Shkreli, a CEO of various hedge funds and pharmaceutical companies who was convicted of securities fraud and conspiracy charges back in 2017, offered insight into the alleged difficulties that Sam Bankman-Fried, former CEO of FTX, is facing while being held at Brooklyn Metropolitan Detention Center (MDC).

Shkreli, also known for telling former Terra CEO Do Kwon that jail was “not that bad,” hosted an X space with Jeremy Lorenzo (Flacco Poops), his alleged source on MDC, who stated that Sam Bankman-Fried initially faced complications with other inmates. Lorenzo related that Bankman-Fried’s first cellmate rejected him because he believed he was a “chomo” (prison slang for being a child molester), and allowing him to share his cell would sully his reputation.

About how inmates would not know who Sam Bankman-Fried was, Lorenzo stated:

You underestimate how stupid some of the people in jail are.

This prompted Bankman-Fried to be sent to another area of the prison occupied by Asian inmates. These Asian inmates, who are members of a gang, could be ostensibly protecting him or extorting him, according to Lorenzo’s statements.

More Difficulties After Conviction

Shkreli and Lorenzo said that Sam was set to face even more problems after he got convicted. They analyzed two possible scenarios: the first one being Bankman-Fried being convicted to serve a lengthy sentence in a federal penitentiary. In this case, they believe Bankman-Fried would die in a few days without paid protection.

In this scenario, Lorenzo stated:

I do see him getting extorted. I see him getting beat up [a] numerous amount of times.

Shkreli pointed out that another problem that aggravated Bankman-Fried’s situation is his Jewish origin, as there is a large amount of antisemitism in federal prisons.

The second scenario involves Bankman-Fried being sent to a low or medium-security prison. In this case, they believe he could be treated better and even “flourish.” In either case, Shkreli pointed out that he expects Bankman Fried’s sentence to be in a “football numbers” range.

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