News

Sean ‘Diddy’ Combs Is Now in Same Prison With Bankman-Fried

Key Points:

  • Sean ‘Diddy’ Combs and FTX founder Sam Bankman-Fried are both being held at the Metropolitan Detention Center in Brooklyn, facing serious criminal charges.
  • Combs is charged with racketeering and sex trafficking, while Bankman-Fried was convicted of fraud and sentenced to 25 years in prison.
Sources say hip-hop mogul Sean ‘Diddy’ Combs and disgraced FTX founder Sam Bankman-Fried are now being held at the same detention centre.
Sean ‘Diddy’ Combs and Sam Bankman-Fried

Read more: Bankman-Fried Appeals His Conviction of 25 Years in Prison

Sean ‘Diddy’ Combs and Bankman-Fried Detained Together at Brooklyn Jail

Both men have been detained at the Metropolitan Detention Center (MDC) in Brooklyn, the only federal jail in New York City that’s called home by a number of high-profile inmates.

Sean ‘Diddy’ Combs has recently been taken into custody following charges by federal prosecutors, of racketeering conspiracy and sex trafficking. The charges accuse him of orchestrating a “decades-long pattern of physical and sexual violence.”

Combs pleaded not guilty and, through a lawyer, proposed a bond of $50 million with a security detail for his release. A judge denied him bail, still concerned that he might interfere with witnesses. Combs is being held in the jail’s special housing unit, which routinely holds high-profile inmates.

Criticism Mounts Over Conditions at Metropolitan Detention Center

Bankman-Fried has been in the MDC since August 2023 after his bond was revoked due to a breach of release conditions. He was convicted by a federal court last November of fraud and was sentenced to 25 years in prison in March 2024.

Bankman-Fried was found guilty of siphoning billions from the customers of FTX towards swanky expenditures, political donations, and rash bets. His post-conviction appeal has kept him inside MDC as his lawyers have complained about the dismal state of the facility over poor internet access and a restricted vegan diet.

The conditions at the Metropolitan Detention Center have been widely criticized, and some judges have refused to assign defendants to the facility. The jail has faced understaffing, a backlog in facility maintenance, and subpar living conditions among the inmates.

A representative with the Bureau of Prisons acknowledged that efforts are underway to rectify these problems and add more staff, chipping away at hundreds of unresolved maintenance requests.

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

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