Sam Bankman-Fried, founder of the collapsed cryptocurrency exchange FTX, was transferred to the low-security Federal Correctional Institution Terminal Island.
Bankman-Fried made headlines for giving an unauthorized jailhouse interview with media personality Tucker Carlson, sparking public attention.
Bankman-Fried was convicted and sentenced to 25 years in prison for his role in the collapse of FTX, one of the largest frauds in cryptocurrency history.
There are speculations that Bankman-Fried's recent right-wing messaging could be a strategy to secure a pardon from President Trump.