Sam Bankman-Fried Will Move From New York Jail to California

Sam Bankman-Fried News

Sam Bankman-Fried Will Move From New York Jail to California
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FTX founder Sam Bankman-Fried didn't want to go because he planned to stay in New York while helping to prepare his appeal

Sam Bankman-Fried , or SBF , the disgraced cryptocurrency executive who was sentenced to 25 years in prison for fraud, will be transferred from Brooklyn, New York, to Mendota, California, against his wishes, the Wall Street Journal reports. SBF was planning to stay in New York while helping to prepare his appeal, but now, according to the report, he will be two and a half hours from his parents’ home near Stanford University .

He has been imprisoned in a Brooklyn jail for the past nine months, where he also gave his first interview after receiving the jail sentence. According to the report, Bankman-Fried was informed of the transfer several days ago and was woken up early Wednesday morning for the move. Former cryptocurrency billionaire Bankman-Fried was sentenced to 25 years in prison in March for perpetrating one of the biggest financial frauds in history.

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