FTX Founder Sam Bankman-Fried Transferred to California Prison

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Source: The New York Times
FTX Founder Sam Bankman-Fried Transferred to California Prison
Photo: The New York Times
TL;DR Summary

Sam Bankman-Fried, the founder of FTX cryptocurrency exchange, has been transferred from a Brooklyn detention center to an undisclosed location, with expectations of being moved to a federal correctional facility in Mendota, Calif. Bankman-Fried, who was convicted of fraud and conspiracy and sentenced to 25 years in prison in March, had been confined to the Metropolitan Detention Center in Brooklyn since his bail was revoked in August.

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