Sam Bankman-Fried to Remain in Brooklyn Prison to Prepare Appeal

FTX Founder Tries to Raise Cash Amid Bankruptcy

Sam Bankman-Fried is reportedly back in a prison in Brooklyn after the Bureau of Prisons (BOP) began moving him to a facility in California, the state in which his parents live.

Judge Lewis Kaplan asked that the BOP hold Bankman-Fried in Brooklyn until his appeal “has been fully briefed,” and a spokesman for Bankman-Fried said his client appreciates the BOP’s resolution of the matter, Bloomberg reported Monday (June 3).

The BOP had transported Bankman-Fried to a prison in Oklahoma May 23, apparently as a temporary stop on his way to California, according to the report.

The agency then moved him to a Pennsylvania facility last week before returning him to New York, the report said.

Kaplan sentenced Bankman-Fried, the founder of the cryptocurrency exchange FTX and Alameda Research, to 25 years in prison in March.

The sentencing followed Bankman-Fried’s conviction on all counts in November, with the charges spanning four categories: fraud on FTX customers; fraud on FTX’s investors; fraud on Alameda’s lenders; and conspiracy to commit money laundering.

“At the end of the day, the criminal justice system thrives only if it’s seen as fair,” Kaplan said when announcing the sentencing. “People need to feel it is fair, or we’re back to trial by combat. The punishment must fit the seriousness of the crime. And this was a serious crime.”

Bankman-Fried appealed his conviction and the sentence in April, launching what could be a yearslong process in pursuing the appeal.

On Tuesday (May 28), the former CEO of FTX’s Bahamas subsidiary, Ryan Salame, became the first of Bankman-Fried’s close associates to be sentenced for charges relating to the collapse of FTX and its affiliated companies.

Salame was sentenced to 7.5 years in prison by a U.S. judge after pleading guilty to campaign finance law violations and operating an unlicensed money transmitter.

Three other executives affiliated with FTX and its companies — FTX Co-founder Gary Wang, Chief Engineer Nishad Singh and Alameda Research CEO Caroline Ellison — pleaded guilty to criminal charges and agreed to cooperate with prosecutors during the trial of Bankman-Fried in hopes of receiving lighter sentences.

They could be sentenced later this year.

Flying Cars Can Wait: CES Shows Future Is Robots That Cool Your Soup, Pick Up Socks

AI Me gadget from CES 2025

What do the movies “Blade Runner,” “2001: A Space Odyssey,” “Back to the Future Part II” and Spike Jonze’s “Her” all have in common?

These science fiction movies, each depicting various versions of a future full of fantastic technologies, all take place in the year 2025 or earlier.

Though some of the high-tech gadgets and futuristic innovations seen in these films, such as hoverboards and flying cars, haven’t quite materialized in everyday life, they have sparked imagination and set the stage for the very real innovations. As the dozens of groundbreaking products and wacky gadgets that debuted at the 2025 Consumer Electronics Show (CES) this week reveal, the future is certainly now.

CES, after all, rarely disappoints when it comes to providing a first-look at some truly strange gadgets that might just represent the ultimate showcase of tomorrow’s technology.

From artificial intelligence (AI) being embedded into everything and smarter than ever home devices, to autonomous robotic companions and wearable tech that both bends and blends reality, many of the inventions that once seemed out of reach in Hollywood films are now being unveiled on the convention floor.

See also: The Five Not-So-Obvious Things That Will Change the Digital Economy in 2025

Could Smart Home Robots Revolutionize Daily Life?

It’s becoming clear that today’s technological advancements are increasingly bridging the gap between what was once imagined and what’s now becoming real.

For example, smart home robots are no longer a futuristic fantasy — they are being positioned as potentially indispensable components of modern households.

CES 2025 saw the debut of the Roborock Saros Z70, a robot vacuum with a telescopic, five-axis arm. Rosey the Robot from “The Jetsons” has nothing on this little gadget, which its maker describes as “a mechanical arm that sees and thinks,” and is able to pick up and put away items like socks, shoes, tissues and more.

For more serious household tasks, the SwitchBot Multitasking Household Robot K20+ Pro was also unveiled at CES 2025. “Whether it’s delivering objects, vacuuming, monitoring pets, purifying the air, providing home security, or even mobilizing smart tablets, the K20+ Pro juggles household management with ease … from delivering food and drinks to carrying small packages,” said a company release.

Read more: Training Robots Using Video Games Could Democratize Warehouse Automation

The K20+ Pro’s core is designed for customization and flexibility, serving as a modular foundation that allows users to create, adapt, and personalize the robot for a wide variety of innovative applications, and can connect with third-party smart devices like Alexa, Google Assistant and Siri, ensuring integration into any smart home ecosystem.

Elsewhere, TCL premiered its “AI Me” (Amy) concept companion robot, complete with animated eyes, autonomous movement and an AI-powered camera on its head; while Dreame showcased its X50 Ultra robot vacuum that has legs to avoid obstacles.

As smart home technology continues to evolve, the integration of robots designed to assist in daily activities could significantly alter how we interact with our homes, manage tasks and even shape the future of work.

TomBot, for example, debuted an emotional robotic lap dog, Jennie, an AI robot therapy dog designed to keep seniors company. On the more playful side of things, Tokyo robotics startup Yukai Engineering introduced the Nékojita FuFu, a portable cat-shaped robot that can blow air to cool hot food or drinks.

It wasn’t solely robotics for use at home being showcased at CES. John Deere used the Las Vegas event to reveal its own autonomous agricultural products. The fully autonomous machines were on display from Jan. 7 to 10, and were a bit bigger in size, if equivalently less cute, than the TomBot puppies.

Read more: Google Reportedly Bringing Gemini AI to TV Sets

The Future Is Calling and Consumers Can Answer Anywhere

Behind the strangely futuristic convenience of a robot picking up your laundry and taking out the trash while it vacuums and interfaces with the rest of your household appliances lies a much larger story: the rise of the smart economy.

As CES 2025 showed, augmented reality (AR) glasses are the eye candy of the smart economy. A host of futuristic specs were unveiled, capable of a range of tasks that turn the wearer into a high-tech superhero.

Halliday showcased “the world’s first proactive AI glasses with invisible display,” while freshly debuted Loomos.AI glasses offer a ChatGPT-4o integrated AI assistant.

But other appendages remain up for grabs, and innovative products from smart rings to apps like WowMouse, which allows smartwatch wearers to control devices using just their gestures and fingers, are vying for market share in ways that aim to make daily life more convenient, efficient and secure.