The incarcerated founder of bankrupt crypto exchange FTX is now detained in a correctional facility in Los Angeles, California.

According to the inmate database of the Federal Bureau of Prisons (BOP), Sam Bankman-Fried is currently serving time at the Federal Correctional Institution (FCI) Terminal Island. 

The 33-year-old was previously held at the Metropolitan Detention Center in Brooklyn, but the BOP moved him to a series of locations. FCI Terminal Island houses more than 900 low-security male inmates.

Last month, Bankman-Fried was brought to the Federal Transfer Center in Oklahoma City, which houses inmates who are being transported through the prison system. He was then taken to a medium-security federal prison in Victorville, California, before his subsequent move FCI Terminal Island.

The former crypto golden boy was sentenced to 25 years in prison after he was found guilty of charges arising from the misuse of FTX customer funds. The multi-billion-dollar collapse of the crypto exchange marked the height of the 2022 digital asset bear market.

Bankman-Fried is set to be released in December 2044, but his parents are taking action to reduce his sentence.

Stanford Law School professors Joseph Bankman and Barbara Fried reportedly met with people connected to US President Donald Trump earlier this year to discuss potential clemency for their son. Political insiders do not think this will happen, though.  A crypto lobbyist interviewed by Fortune said that the probability of a pardon is “near zero.”

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Sam Bankman-Fried, currently serving a 25-year prison term, has a new home after completing an unauthorized interview with Tucker Carlson. Before the interview, SBF was housed at the Metropolitan Detention in Brooklyn, where the March 25th remote interview was conducted. The Brooklyn facility was famous for holding high-powered personalities, including R. Kelly, Sean ‘Diddy’ Combs, and Ghislaine Maxwell.

Although Bankman-Fried’s transfer caught many by surprise, others in the know have long expected the move. Last May, there were rumors that officials would move SBF out of his cell, with SBF’s representatives believing their client may be transferred to Mendota, California.

Unauthorized Interview With Tucker Carlson

Bankman-Fried’s remote interview with Carlson was hosted last March 5th, without authorization by the Federal Bureau of Prisons (BOP). The interview lasted for over 42 minutes, with the video and outline of the interview available on Carlson’s social media page. 

Bankman-Fried talked about various topics, including his experiences inside the prison, how these experiences changed and shaped his perspectives, and his thoughts on the crypto industry. Also, the interview touched on SBF’s financial standing and his thoughts on the Democratic Party.

Bankman-Fried’s remote interview surprised many since he was largely silent and unavailable since his 2023 conviction. Immediately after the interview, prison officials sent SBF to solitary confinement. Then, the prison officials decided to transfer SBF to another prison facility.

SBF Used Remote Interview To Address The Charges

Tucker Carlson posted a summary of the remote interview on his Twitter/X account on March 7th. The interview covered many topics and issues, and SBF also used the opportunity to deny the charges against him again. When asked by Carlson, SBF re-stated that he doesn’t consider himself a criminal. He then suggested that FTX “was solvent” at its collapse.

Bankman-Fried also contested the charges against Ryan Salame, the FTX Digital Markets co-CEO, saying they were “bogus.” He then implied that the filing of these cases was politically motivated.

Bankman-Fried Continues To Attract Controversies Even While Serving Time

Even after his conviction, Bankman-Fried continued to attract attention and controversy. His latest stunt with Tucker Carlson didn’t go under the radar; the BOP flagged the unauthorized interview, which led to the resignation of SBF’s crisis manager, Mark Botnick.

Even in detention, SBF caused some controversies and has been the subject of investigations. In August 2023, officials revoked his bail over allegations that he attempted to sway witnesses. To help counter SBF’s negative image, his legal team recommended that they work with conservative media personalities, including Tucker Carlson. The team hoped that working with conservative commentators could boost the chances of SBF getting a presidential pardon.

Featured image from ABC News, chart from TradingView

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