Judge Lewis Kaplan said at a March 28 sentencing hearing that the former FTX CEO would serve his time at a medium- or low-security prison in the San Francisco Bay Area.
Former FTX CEO Sam “SBF” Bankman-Fried, recently sentenced to 25 years in federal prison, has requested a judge allow him to temporarily remain incarcerated in the New York City area instead of California.
In an April 8 filing in United States District Court for the Southern District of New York, Bankman-Fried’s lawyers asked Judge Lewis Kaplan to approve an order allowing the former FTX CEO to remain at the Metropolitan Detention Center in Brooklyn, where he has been since August 2023. According to the legal team, SBF wanted to stay at the Brooklyn prison to “facilitate access to his appellate counsel” as part of his expected appeal for his conviction and sentencing.
Before Judge Kaplan announced Bankman-Fried’s 25-year sentence on March 28, attorney Marc Mukasey said his team intended to appeal SBF’s conviction on seven felony counts. No filing appeared in the online portal for the U.S. Court Of Appeals for the Second Circuit at the time of publication. Some legal experts have also suggested that the former FTX CEO could have years knocked off his time in prison based on good behavior.
