Please ensure Javascript is enabled for purposes of website accessibility
Mendota Gets a New Big-Name Resident to Call Prison Home
gvw_edward_smith
By Edward Smith
Published 3 weeks ago on
May 22, 2024

Former Cryptocurrency executive Sam Bankman-Fried, who was sentenced to 25 years in prison in March, will be transferred to Federal Correctional Institute, Mendota, according to news sources. (GV Wire Composite/Paul Marshall)

Share

Getting your Trinity Audio player ready...

Crypto billionaire-turned-felon Sam Bankman-Fried will leave the Big Apple for the Federal Correctional Institution, Mendota.

According to the New York Post, the former CEO of cryptocurrency exchange FTX found out about the transfer to the prison a few days ago.

The transfer process from the Brooklyn Federal Metropolitan Detention Center began Wednesday, the Post reported.

Bankman-Fried had previously requested staying in New York so he could appeal the guilty verdict that came with a 25-year prison sentence.

Prosecutors had sought 50 years while Bankman-Fried’s defense asked for a maximum of 6 1/2 years.

Mendota Prison More Violent Than Most Federal Prisons: Consulting Group

While Mendota in western Fresno County has both a medium-security and a minimum-security prison, the Post surmised that Bankman-Fried would head to the medium-security prison because of the length of his sentence. The federal prison in Mendota houses approximately 1,100 inmates, according to Zoukis Consulting Group.

A variety of criminals can be sent to medium-security prisons. That can range from federal drug offenses to sexual offenses to white-collar crimes. Around 75% of medium-security prisoners have a history of violence.

A poll of inmates done by Zoukis Consulting found Mendota to be more violent “and political” than most prisons, with several fights a week.

Bankman-Fried’s sentence for stealing $8 billion from customers came down in March.

RELATED TOPICS:

DON'T MISS

Lauryn Hill, Tyla and More Will Perform at the 2024 BET Awards. Here’s What to Know About the Show

DON'T MISS

From Globe Trotting to Globe Tripping: Why Psychedelic Vacations Are on Trend

DON'T MISS

Find Out Which Lobbying Groups Get Their Way Most Often in the California Legislature

DON'T MISS

Here’s Why Ukraine Should Seek Peace

DON'T MISS

Fresno County Gets National Recognition for Poverello House Project

DON'T MISS

You Don’t Think Corn Dogs Are Haute Cuisine? These Chefs, Using Alligator Sausage, Beg to Differ.

DON'T MISS

Investigators Have Name & Face for Suspected Arsonist Who Left Notes at Fresno Homes

DON'T MISS

Gavin Newsom and Top Democrats Are Deciding California’s Budget Behind Closed Doors

DON'T MISS

Fresno State Is 1 of Carnegie Foundation’s 25 Leadership for Public Purpose Colleges

DON'T MISS

As the Flag Drops at Le Mans, Remembering the 3 Americans Who Won in 1978

UP NEXT

From Globe Trotting to Globe Tripping: Why Psychedelic Vacations Are on Trend

UP NEXT

Find Out Which Lobbying Groups Get Their Way Most Often in the California Legislature

UP NEXT

Here’s Why Ukraine Should Seek Peace

UP NEXT

Fresno County Gets National Recognition for Poverello House Project

UP NEXT

You Don’t Think Corn Dogs Are Haute Cuisine? These Chefs, Using Alligator Sausage, Beg to Differ.

UP NEXT

Investigators Have Name & Face for Suspected Arsonist Who Left Notes at Fresno Homes

UP NEXT

Gavin Newsom and Top Democrats Are Deciding California’s Budget Behind Closed Doors

UP NEXT

As the Flag Drops at Le Mans, Remembering the 3 Americans Who Won in 1978

UP NEXT

Paw-sitively Spikey: The Rise of a Supermutt!

UP NEXT

Supreme Court Deals Blow to Environmental Law Relied on by Housing Opponents

Edward Smith,
Multimedia Journalist
Edward Smith began reporting for GV Wire in May 2023. His reporting career began at Fresno City College, graduating with an associate degree in journalism. After leaving school he spent the next six years with The Business Journal, doing research for the publication as well as covering the restaurant industry. Soon after, he took on real estate and agriculture beats, winning multiple awards at the local, state and national level. You can contact Edward at 559-440-8372 or at Edward.Smith@gvwire.com.

Here’s Why Ukraine Should Seek Peace

9 hours ago

Fresno County Gets National Recognition for Poverello House Project

9 hours ago

You Don’t Think Corn Dogs Are Haute Cuisine? These Chefs, Using Alligator Sausage, Beg to Differ.

9 hours ago

Investigators Have Name & Face for Suspected Arsonist Who Left Notes at Fresno Homes

21 hours ago

Gavin Newsom and Top Democrats Are Deciding California’s Budget Behind Closed Doors

22 hours ago

Fresno State Is 1 of Carnegie Foundation’s 25 Leadership for Public Purpose Colleges

22 hours ago

As the Flag Drops at Le Mans, Remembering the 3 Americans Who Won in 1978

23 hours ago

Paw-sitively Spikey: The Rise of a Supermutt!

1 day ago

Supreme Court Deals Blow to Environmental Law Relied on by Housing Opponents

1 day ago

The Latest | Hezbollah Says Its Intensified Attacks Show Israel That All-out War Would Be Costly

1 day ago

Lauryn Hill, Tyla and More Will Perform at the 2024 BET Awards. Here’s What to Know About the Show

NEW YORK — The 2024 BET Awards are fast approaching. Last year’s show celebrated 50 years of hip-hop with tributes to the genre’s earl...

7 hours ago

7 hours ago

Lauryn Hill, Tyla and More Will Perform at the 2024 BET Awards. Here’s What to Know About the Show

8 hours ago

From Globe Trotting to Globe Tripping: Why Psychedelic Vacations Are on Trend

9 hours ago

Find Out Which Lobbying Groups Get Their Way Most Often in the California Legislature

9 hours ago

Here’s Why Ukraine Should Seek Peace

9 hours ago

Fresno County Gets National Recognition for Poverello House Project

9 hours ago

You Don’t Think Corn Dogs Are Haute Cuisine? These Chefs, Using Alligator Sausage, Beg to Differ.

21 hours ago

Investigators Have Name & Face for Suspected Arsonist Who Left Notes at Fresno Homes

22 hours ago

Gavin Newsom and Top Democrats Are Deciding California’s Budget Behind Closed Doors

Search

Send this to a friend