Founder of FTX, SBF, Declines Relocation of Supervision After 25 Years; Legal Team Files Appeal

Founder of FTX, SBF, Declines Relocation of Supervision After 25 Years; Legal Team Files Appeal

According to the legal documents on April 8th, former FTX CEO Sam Bankman-Fried (SBF), who was convicted of seven counts of fraud and sentenced to 25 years in prison, immediately requested through his lawyer for the presiding judge, Lewis Kaplan, to approve an order allowing SBF to remain at the Metropolitan Detention Center in Brooklyn instead of a prison near his home in California.

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