Sam Bankman-Fried is being moved to a new prison
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Source: CNN
New York (CNN) 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 hes resided for the past nine months, a spokesperson for Bankman-Fried said.
It wasnt immediately clear where he was being transferred, but the spokesperson said Bankman-Fried told people close to him that he believes he is going to Mendota, California, a two-and-a-half-hour drive from his parents home near the Stanford University campus.
Mendota is home to one medium-security federal correctional institution with an adjacent minimum-security satellite facility, according to the Bureau of Prisons website.
Bankman-Fried had sought to stay in New York in the near term while preparing his appeal on multiple federal counts of fraud and conspiracy, for which he was sentenced in March to 25 years in prison.
Read more: https://www.cnn.com/2024/05/22/business/sam-bankman-fried-new-prison/index.html
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Aussie105
(5,637 posts)I wish people didn't call him that!
"He is just a very naughty boy!" ("Life of Brian" quote.)
Who cares where he is for all those years?
I'm more interested in finding out if the people he conned got any of their money back.
TexasTowelie
(113,565 posts)https://www.washingtonpost.com/business/2024/05/08/ftx-bankruptcy-recovery-customers/
They are still waiting for approval for the Delaware courts. The bad news is that those investors will not receive any money for the growth in the stock market during the interim.
RockRaven
(15,287 posts)Good!
For those nor familiar with Mendota, or Fresno County, or California:
https://en.m.wikipedia.org/wiki/Mendota,_California
Emile
(24,216 posts)We feel this is not Important News of National Interest.
Feel free to repost this in General Discussion.