Sam Bankman-Fried, the co-founder of FTX crypto exchange, has been moved to a temporary detention center in Oklahoma, despite a judge's request to stay in New York for his appeal. Following his conviction for fraud at FTX, he is now at the Federal Transfer Center in Oklahoma City. Bankman-Fried, sentenced to 25 years, aims to reduce his sentence through the appeal process. He criticized his trial's fairness and accused the law firm representing FTX's new owners of collusion. The disgraced co-founder hopes for a different outcome by presenting crucial evidence and witnesses. His spokesperson expressed gratitude for the court's consideration. There are plans to transfer him closer to his family in California. FTX's native token, FTT, currently priced at $1.59, has shown a 12% increase in the last month despite a 1% decrease from Thursday's value. Read more AI-generated news on: https://app.chaingpt.org/news
FTX Co-Founder Sam Bankman-Fried Transferred to Oklahoma Detention Center Amid Appeal
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