Sam Bankman-Fried Transferred to California Prison
TL;DR Summary
Sam Bankman-Fried, the founder of FTX, is being transferred from a New York prison to one in Mendota, California, against his wishes, as he appeals his 25-year sentence for defrauding customers of the now-defunct FTX cryptocurrency exchange. Despite his desire to stay in New York to prepare for his appeal, he ultimately wants to serve his term in California to be closer to his parents. The move comes after prosecutors recommended a 40- to 50-year sentence, while Bankman-Fried requested a much shorter term.
Topics:business#businesscryptocurrency#cryptocurrency#fraud-conviction#ftx#prison-transfer#sam-bankman-fried
- Sam Bankman-Fried being transferred to new prison in Calif., overriding request to stay in Brooklyn New York Post
- Exclusive | FTX's Sam Bankman-Fried Being Transferred to New Prison The Wall Street Journal
- FTX founder Sam Bankman-Fried to move from New York jail to California Quartz
- Sam Bankman-Fried, FTX Founder, Transferred From Brooklyn Jail The New York Times
- Sam Bankman-Fried is being moved to a new prison CNN
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