Where is Sam Bankman-fried now?

Sam Bankman-Fried on March 30, 2023 after leaving the Manhattan federal court in New York City. Judge Lewis Kaplan said he would recommend to the Bureau of Prisons that Bankman-Fried be placed in a medium-security facility or any lower-security facility the bureau finds appropriate.

Where is FTX founder Sam Bankman-fried now?

FTX founder Sam Bankman-Fried outside a New York federal court in July, 2023. Prison officials began transferring former crypto mogul Sam Bankman-Fried to a new facility early Wednesday, removing him from the Brooklyn, New York, jail where he’s resided for the past nine months, a spokesperson for Bankman-Fried said.

What happened in United States v Bankman-fried?

In the case of United States v. Bankman-Fried, he was convicted of all seven counts of fraud, conspiracy, and money laundering. On March 28, 2024, he was sentenced to 25 years in prison and ordered to forfeit $11 billion.