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Ex-FTX CEO moved to transit facility after interview

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Officials with the Federal Bureau of Prisons have moved former FTX CEO Sam “SBF” Bankman-Fried to a transit facility days after right-wing political commentator Tucker Carlson interviewed him.

As of March 27, the Federal Bureau of Prisons website showed Bankman-Fried was being housed at the Federal Transfer Center (FTC) in Oklahoma City, suggesting that he may be moved from the facility where he largely spent the majority of his time awaiting trial and moving forward with an appeal of his conviction.

Carlson remotely interviewed SBF from the Metropolitan Detention Center (MDC) in Brooklyn on March 5 — a reportedly unsanctioned event that resulted in the former FTX CEO being sent to solitary confinement. 

Former FTX CEO’s status as of March 27. Source: US Bureau of Prisons

The reason for the move to the Oklahoma transit facility was unclear. After Bankman-Fried’s 2023 conviction on seven felony charges and 2024 sentencing to 25 years in prison, a federal judge recommended that the former CEO remain in the New York area to assist during his appeals process. He was briefly transferred to FTC Oklahoma City in May 2024 before being returned to MDC Brooklyn.

Bankman-Fried has been housed in various facilities since a judge revoked his bail in August 2023 following allegations the former CEO attempted to intimidate witnesses before his criminal trial. According to the Federal Bureau of Prisons, he was set to be released in November 2044 but could serve less time based on his behavior in prison.

This is a developing story, and further information will be added as it becomes available.

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PHP Foundation admits ‘structural failure’ delayed critical security fix

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Government websites and online services were disrupted after concerns about a PHP bug that could allow attackers to take control of vulnerable servers.

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American Bankers Association: OCC’s GENIUS rules ‘undermine’ US Congress

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Banking advocacy organizations are pushing back against the OCC’s finalized rules on a stablecoin law, arguing against changes to provisions on yield.

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Tether backs Bolivian fintech bringing USDT payments to food delivery and banking

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The investment will support Peso’s expansion across four Latin American markets, where it connects stablecoin payments to merchant services and local banking networks.

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