Sam Bankman-Fried, the founder of the FTX cryptocurrency exchange who was sentenced to 25 years in prison for fraud and conspiracy, was transferred out of a Brooklyn detention center on Wednesday and is likely on his way to a federal correctional facility in California.
The move to the West Coast goes against Bankman-Fried’s wishes of staying in New York while preparing for his appeal, the Wall Street Journal reported.
FILE – FTX founder Sam Bankman-Fried leaves Manhattan federal court, June 15, 2023, in New York. (AP Photo/Bebeto Matthews, File)
The Bureau of Prisons declined to comment on Bankman-Fried’s transfer, but the 32-year-old told those close to him that he expected to be moved to a facility in Mendota, California.
Mendota is home to both a medium-security prison and an adjacent minimum-security satellite camp. It’s not clear which
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