Sam Bankman-Fried Sentenced to Victorville Prison: Latest Chapter in High-Profile Case

Former FTX CEO Sam Bankman-Fried has been transferred to Victorville Medium II prison in California, marking the latest stage in his post-sentencing journey following a 25-year prison term for orchestrating one of the largest financial frauds in US history. Before this transfer, he was held at the Metropolitan Detention Center (MDC) in Brooklyn, an urban facility known for housing high-profile detainees. Bankman-Fried’s move comes after his conviction for misappropriation of over $8 billion in customer assets.