Federal authorities relocate Bankman-Fried after rule-breaking interview
Sam Bankman-Fried, the former CEO of collapsed cryptocurrency exchange FTX, has been transferred from the Metropolitan Detention Center in Brooklyn to a federal transit facility in Oklahoma City, days after participating in an unauthorized interview with political commentator Tucker Carlson.
The Federal Bureau of Prisons confirmed the move on Thursday, listing Bankman-Fried as an inmate at the Oklahoma City Federal Transfer Center, a hub for the U.S. prison system, according to The Block.
The facility temporarily houses inmates in transit to longer-term placements. His final destination is expected to be a lower-security prison near California’s Bay Area, close to his parents' home near Stanford University.
Bankman-Fried, 32, was convicted last year on seven counts of fraud and conspiracy tied to the multibillion-dollar collapse of FTX and its sister firm Alameda Research. He was sentenced to 24.25 years in prison, with a projected release date of November 17, 2044.
Unauthorized interview draws swift response
In early March, Bankman-Fried appeared in a remote interview with Carlson, recorded from inside the Brooklyn detention center. In the video, he claimed he was “wrongfully convicted” and asserted that FTX would have been solvent had it not been for what he described as interference by regulators and prosecutors.
The interview was not approved by prison officials, violating federal guidelines. Mark Botnick, Bankman-Fried’s crisis manager since FTX’s collapse, resigned shortly afterward.
Prison authorities reportedly woke Bankman-Fried around 3 a.m. Wednesday and transferred him without disclosing his destination, according to The Wall Street Journal. The relocation follows standard protocol for inmates being processed through the Justice Prisoner and Alien Transportation System, colloquially known as “Con Air.”
Federal officials have not commented on whether the interview directly prompted the transfer.
Meanwhile, Senator Ted Cruz is championing Texas as a global hub for Bitcoin innovation in the U.S., aligning the state’s resources with the growing digital asset industry. With three Bitcoin mining facilities in West Texas, Cruz is merging advocacy with action.
- Forex
- Crypto