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Former FTX CEO Sam Bankman-Fried Returns to Prison in NYC to Appeal Conviction

After a brief stint at the Federal Transfer Center in Oklahoma City, Sam Bankman-Fried, the former CEO of cryptocurrency exchange FTX, has been transferred back to a New York City prison to appeal his recent conviction. Speculation had been circulating that Bankman-Fried would be sent to a prison in California, but it seems that the appeal process will take place in his home state.