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Reading: Alex Mashinsky’s jail listed as one among America’s ‘cushiest’
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Michigan Post > Blog > Crypto & Web 3 > Alex Mashinsky’s jail listed as one among America’s ‘cushiest’
Crypto & Web 3

Alex Mashinsky’s jail listed as one among America’s ‘cushiest’

By Editorial Board Published May 9, 2025 3 Min Read
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Alex Mashinsky’s jail listed as one among America’s ‘cushiest’

Alex Mashinsky’s jail listed as one among America’s ‘cushiest’

Celsius founder Alex Mashinsky will reportedly see out his 12-year jail sentence in a facility that was as soon as described by Forbes as “Bernie Madoff’s desired retirement home.”

The FCI Otisville facility, situated within the State of New York, is split right into a minimal safety camp and a medium safety jail. Decide John Koeltl sentenced Mashinsky for fraud regarding the manipulation of Celsius’s token and really helpful that he go to the FCI Otisville Camp.

Otisville has beforehand been house to the likes of Donald Trump’s former lawyer, Michael Cohen, Fyre Pageant creator, Billy McFarland, and Kenneth I. Starr, the previous monetary advisor to Al Pacino and Martin Scorsese.

The power was additionally listed as one of many high 10 cushiest prisons in America by Forbes in 2009, with the outlet noting that it’s typically requested by Jewish convicts as a result of facility’s entry to a rabbi and kosher meals.

It’s even referenced within the hit present Succession as a “Jewish prison.”

Jail consultancy agency Elizabeth Franklin-Finest (EFP) additionally printed excessive reward for the jail from its shoppers. Inmates mentioned FCI Otisville was secure and “very laid-back,” even claiming that it “feels more like a college campus than a prison.”

One inmate claimed, “Staff do not harass and are generally helpful. No politics or violence. The commissary is good. Lots of stuff to do in recreation.”

The co-founder of White Collar Recommendation, jail guide Justin Paperny, described the warden’s method to furloughs at FCI Otisville Camp as “liberal.”

One among his shoppers even described it as “the best camp in the federal system” and labeled it “an old age home for felons.”

“Over half the camp is Jewish. I eat on the kosher line and we have good meals every day,” they mentioned, including “I think I eat better here than I do at home.”

Alex Mashinsky more likely to be ‘very bored’ in jail

Nonetheless, inmates additionally claimed that there’s a lack of academic alternatives and programming, and complained that everybody is “fighting boredom.”

EFP’s shoppers additionally famous that the employees overtly discriminate towards LGBTQ inmates and intercourse offenders on the facility.   

Whereas it could be a far cry from Sam Bankman-Fried’s time in a “horrific” Brooklyn jail, Otisville continues to be a correctional facility, and Mashinsky’s new life for the subsequent 12 years gained’t precisely be a “cushy” one, as Forbes would possibly say.  

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