New York
CNN
—
Jail officers started transferring former crypto mogul Sam Bankman-Fried to a brand new facility early Wednesday, eradicating him from the Brooklyn, New York, jail the place he’s resided for the previous 9 months, a spokesperson for Bankman-Fried mentioned.
It wasn’t instantly clear the place he was being transferred, however the spokesperson mentioned Bankman-Fried instructed folks near him that he believes he’s going to Mendota, California, a two-and-a-half-hour drive from his dad and mom’ residence close to the Stanford College campus.
Mendota is residence to 1 medium-security federal correctional establishment with an adjoining minimum-security satellite tv for pc facility, in line with the Bureau of Prisons web site.
Bankman-Fried had sought to remain in New York within the close to time period whereas getting ready his attraction on a number of federal counts of fraud and conspiracy, for which he was sentenced in March to 25 years in jail.
A jury final fall found Bankman-Fried guilty of finishing up what prosecutors referred to as one of many largest monetary crimes in US historical past. He was convicted of stealing billions of {dollars} from clients of his as soon as high-flying cryptocurrency change, FTX, which collapsed out of business in late 2022.
The Bureau of Prisons declined to offer particulars, telling CNN that it doesn’t touch upon “the circumstances of confinement for any particular person, together with potential transfers,” citing safety issues.
—CNN’s Erin Burnett and Sabrina Souza contributed reporting.