Sam Bankman-Fried Transferred to California Prison
The FTX founder's relocation goes against his request to stay in New York while preparing his appeal.
- Federal officials began the transfer process early Wednesday, moving Bankman-Fried out of Brooklyn's Metropolitan Detention Center.
- Bankman-Fried is expected to be placed in a medium-security prison in Mendota, California, near his parents' home.
- The 32-year-old was sentenced to 25 years in prison for orchestrating one of the largest financial frauds in U.S. history.
- Bankman-Fried's legal team had requested he remain in New York to assist with his appeal process.
- The Bureau of Prisons has not disclosed the exact timeline or location details for security reasons.