Sam Bankman-Fried has a new currency to trade in prison at the Metropolitan Detention Center in Brooklyn.
The disgraced FTX founder and cofounder of Alameda Research was convicted of wire fraud, money laundering, and conspiracy in November.
He was sentenced to 25 years in prison in March and gave his first in-person interview from MDC to Puck News’ William D. Cohan.
In the interview, published on Thursday, Bankman-Fried discussed his conditions in the federal prison. He also said he did not do anything wrong and is planning to appeal his conviction.
Cohan was not permitted a pen, pad, recorder, phone, or watch during the interview, so his observations were subsequently written down.
The former CEO of the cryptocurrency exchange told Puck that he subsists off beans and bags of rice purchased from the commissary and that his rice “has become one of the currencies of the realm inside MDC.”
Click this link for the original source of this article.
Author: Faith N
This content is courtesy of, and owned and copyrighted by, https://www.offthepress.com and its author. This content is made available by use of the public RSS feed offered by the host site and is used for educational purposes only. If you are the author or represent the host site and would like this content removed now and in the future, please contact USSANews.com using the email address in the Contact page found in the website menu.