Sam Bankman-Fried's latest California prison once housed Al Capone
16 Abril 2025 - 4:04PM
Cointelegraph


Former FTX CEO Sam “SBF” Bankman-Fried has moved from a transit
facility to a California prison that once housed infamous gangster
Al Capone.
According to the Federal Bureau of Prisons website, officials
moved Bankman-Fried from the Federal Transfer Center in Oklahoma
City briefly to the Federal Correctional Institution in Victorville
before transferring him to a facility in Terminal Island in Los
Angeles, California. The federal institution was once home to
criminals like former Theranos chief operating officer Ramesh
Balwani and Capone, who was convicted of tax evasion in
1931.
During his 2023 trial and following his conviction on seven
felony counts in 2024, Bankman-Fried was housed at the Metropolitan
Detention Center in New York. However, officials
moved the former
FTX CEO after he was the subject of an interview by right-wing
political commentator Tucker Carlson — an activity reportedly
unsanctioned by authorities.
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It’s unclear whether Bankman-Fried will remain at the California
facility until his tentative release date in 2044. A New York judge
initially allowed SBF to
remain in the state to assist during the appeal of his
conviction and sentence — a process that could be hampered by the
former FTX CEO’s current location.
Moving to the right for a pardon?
Since the inauguration of US President Donald Trump, reports
have suggested that Bankman-Fried may be attempting to
reach out to
right-wing advocates in an attempt to secure a presidential
pardon. Silk Road founder Ross Ulbricht received a
pardon from Trump during his first few days in office —
reportedly in a push to win over libertarians in the election — and
is scheduled to appear at the Bitcoin 2025 conference in Las
Vegas.
Other former FTX executives, including Caroline Ellison and Ryan
Salame, remain incarcerated in different facilities and largely out
of the news since reporting to prison. FTX co-founder Gary Wang and
former engineering director Nishad Singh were the only two
individuals named in the initial indictment who
received time
served rather than prison.
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California prison once housed Al Capone
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