FTX fraudster Sam Bankman-Fried left a New York detention center and is likely on his way to a California prison. He had wanted to stay local during his appeal.
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
Mendota is home to both a medium-security prison and an adjacent minimum-security satellite camp. It’s not clear which Bankman-Fried will go to. of two counts of fraud and five counts of conspiracy that led to the seismic collapse of his cryptocurrency exchange and affiliated hedge fund. “My useful life is probably over,” Bankman-Fried told Judge Lewis Kaplan before his sentencing. “It’s been over for a while now.”
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