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Sam Bankman-Fried describes his relationship with Sean 'Diddy' Combs in jail

Sam Bankman-Fried describes his relationship with Sean 'Diddy' Combs in jail
The newly unsealed federal indictment charges Sean Diddy Combs with racketeering conspiracy, sex trafficking and interstate transportation for prostitution. Combs abused, threatened and coerced victims to fulfill his sexual desires, protect his reputation and conceal his conduct. Graphic details. In the indictment accused Combs and his associates of allegedly forcing female victims to engage in sex acts with commercial sex workers. Combs allegedly planned and controlled the sex performances which he called freak offs and he often electronically recorded them. Combs is accused of using drugs to keep his victims compliant among other tactics. He was violent and he subjected victims of physical emotional and verbal abuse so that they would participate in the freak offs earlier this year. Law enforcement raided homes owned by combs in Miami and L *** seizing *** cache of weapons and digital recordings along with other evidence. He's not guilty. He's innocent of these charges. Combs defense attorney firm in his client's innocence to his great credit. He voluntarily came to New York. Not *** lot of defendants do that. The rapper appeared in court Tuesday afternoon and joined by family members seen arriving earlier if he's convicted. Prosecutors say he faces up to life in prison. He's going to fight this with all of his energy and all of his might and the full confidence of his lawyers. I'm Laura Aguirre reporting.
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Sam Bankman-Fried describes his relationship with Sean 'Diddy' Combs in jail
Sam Bankman-Fried, the convicted crypto fraudster who is serving 25 years in prison, is breaking his silence about his life behind bars in a new interview with Tucker Carlson.One major point of interest about Bankman-Fried has been about whether he has befriended disgraced rapper Sean “Diddy” Combs, who is serving time in the same Brooklyn detention center on racketeering conspiracy and sex trafficking charges. Combs has pleaded not guilty.Bankman-Fried told Carlson that Combs is “kind to people in the unit,” adding that he’s “been kind to me.”“It’s kind of a soul crushing place for the world in general, and what we see are just the people that are around us on the inside rather than who we are on the outside,” Bankman-Fried told Carlson in the roughly 40-minute interview posted on X.Carlson said that he and Combs are “two of the most famous prisoners in the world,” but Bankman-Fried won’t tell the rapper that it was his 33rd birthday this week. “Someone else might, but I’m not,” he said.Living with a celebrity is one of the more interesting aspects of Bankman-Fried’s life, he said. That changed last year after he was found guilty for defrauding customers and investors in his failed crypto exchange FTX. His sentence of 25 years was about half of what prosecutors had asked for, but still put him at the high end for sentence length in prominent white-collar fraud cases.Bankman-Fried said he’s made some friends, but said prison was a “weird environment” because it’s a “combination of a few other high profile cases and then a lot of … ex-gangsters, alleged ex-gangsters.” Many of them are “surprisingly good at chess,” he learned. Carlson followed up that it’s “sort of weird” to ask Bankman-Fried if crypto regulation is moving in a “good direction,” but said he “couldn’t resist.”His response? “Hopefully … Changing the guard helps. But financial regulators — they’re big, giant bureaucracies in the federal government — they’re not used to changing overnight. They have been playing a big, obstructive role for a decade in crypto.”As for Bankman-Fried’s wealth, once worth around $15 billion, has all but diminished. In addition to the prison sentence, he also ordered a forfeiture of $11 billion.“The company that I used to own … had nothing intervened, today it would have about $15 billion of liabilities and about $93 billion of assets,” he said. “The answer should be, in theory, yes, there was enough money to pay everyone back in kind. But that’s not how things worked out. Instead, it all got roiled up in a bankruptcy.”

Sam Bankman-Fried, the convicted crypto fraudster who is serving 25 years in prison, is breaking his silence about his life behind bars in a new interview with Tucker Carlson.

One major point of interest about Bankman-Fried has been about whether he has befriended disgraced rapper Sean “Diddy” Combs, who is serving time in the same Brooklyn detention center on racketeering conspiracy and sex trafficking charges. Combs has pleaded not guilty.

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Bankman-Fried told Carlson that Combs is “kind to people in the unit,” adding that he’s “been kind to me.”

“It’s kind of a soul crushing place for the world in general, and what we see are just the people that are around us on the inside rather than who we are on the outside,” Bankman-Fried told Carlson in the roughly 40-minute interview .

Carlson said that he and Combs are “two of the most famous prisoners in the world,” but Bankman-Fried won’t tell the rapper that it was his 33rd birthday this week. “Someone else might, but I’m not,” he said.

Living with a celebrity is one of the more interesting aspects of Bankman-Fried’s life, he said. That changed last year after he was found guilty for defrauding customers and investors in his failed crypto exchange FTX. His sentence of 25 years was about half of what prosecutors had asked for, but still put him at the high end for sentence length in prominent white-collar fraud cases.

Bankman-Fried said he’s made some friends, but said prison was a “weird environment” because it’s a “combination of a few other high profile cases and then a lot of … ex-gangsters, alleged ex-gangsters.” Many of them are “surprisingly good at chess,” he learned.

Carlson followed up that it’s “sort of weird” to ask Bankman-Fried if crypto regulation is moving in a “good direction,” but said he “couldn’t resist.”

His response? “Hopefully … Changing the guard helps. But financial regulators — they’re big, giant bureaucracies in the federal government — they’re not used to changing overnight. They have been playing a big, obstructive role for a decade in crypto.”

As for Bankman-Fried’s wealth, once worth around $15 billion, has all but diminished. In addition to the prison sentence, he also ordered a forfeiture of $11 billion.

“The company that I used to own … had nothing intervened, today it would have about $15 billion of liabilities and about $93 billion of assets,” he said. “The answer should be, in theory, yes, there was enough money to pay everyone back in kind. But that’s not how things worked out. Instead, it all got roiled up in a bankruptcy.”