FTX’s Bankman-Fried Moved to Low-Security Prison, Home to Infamous Criminals

Apr 20 2025 bitcoin


Sam Bankman-Fried's Trial Day 3

The post FTX’s Bankman-Fried Moved to Low-Security Prison, Home to Infamous Criminals appeared first on Coinpedia Fintech News

Sam Bankman-Fried, founder of the collapsed cryptocurrency exchange FTX, was transferred on April 18, 2025, to the Federal Correctional Institution (FCI) Terminal Island in Los Angeles. This low-security prison, known for housing notorious figures like cult leader Charles Manson, crime boss Al Capone, and former Theranos executive Ramesh “Sunny” Balwani, is now the latest chapter …