Sam Bankman-Fried, Commodities Trader Behind Bars: Former FTX CEO’s Prison Life While Awaiting Appeal

cryptonews.com:

Since his imprisonment for fraud, Sam Bankman-Fried, the former CEO of the now-defunct cryptocurrency exchange FTX, spoke to the media for the first time on May 9. Sentenced to 25 years, Bankman-Fried maintains his innocence and is pursuing an appeal. While legal proceedings unfold, he has turned his attention to a new venture: commodities trading within the confines of prison walls, focusing specifically on bags of rice.

The interview, facilitated by Bankman-Fried’s mother and conducted by Puck News journalist Theodore Schleifer, occurred at Brooklyn’s Metropolitan Detention Center, where he has been held since August 2023. The interview revealed details about Bankman-Fried’s life behind bars and his perspective on the FTX collapse.

Bankman-Fried’s vegan diet has proven unpopular with fellow inmates, leading him to rely on beans and rice, a common staple and a form of currency within the prison. The dietary shift is just one aspect of his adaptation to life at the Metropolitan Detention Center.

Former #FTX CEO SAM Bankman-Fried sells rice in prison and has lost 25 pounds (11 kg)