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Bitcoin

FTX Sam Bankman-Fred founder has been transferred to the low-security federal prison in Los Angeles

The imprisoned founder is now being held at Encorrupt Crypto Exchange FTX at a reform facility in Los Angeles, California.

According to the prisoner database at the Federal Prisons Office (BOP), Sam Bankman-Fric is currently Submission Time at the Federal Corporation (FCI).

The 33 -year -old was held at the Metropolitan detention center in Brooklyn, but BOP was transferred to a series of sites. FCI Terminal is more than 900 security prisoners.

Last month, Bankman-Ried was brought to the Federal Transport Center in Oklahoma City, which focuses on prisoners who are transported via the prison system. Then he was transferred to a medium -security federal prison in Victorville, California, before his subsequent movement of FCI Terminal Island.

The former Crypto Golden boy was sentenced to 25 years in prison after being convicted of the charges arising from the misuse of FTX clients. The collapse of billions of dollars to exchange encryption is the rise in the 2022 digital assets market.

Bankman-Ried is scheduled to be released in December 2044, but his parents are taking measures to reduce his punishment.

And according to what was reported meet With the persons associated with US President Donald Trump earlier this year to discuss the potential compassionate of their son. Political Opinion do not believe this will happen. Code computers that were interviewed luck He said that the possibility of pardon is “near scratch.”

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