FTX Founder Sam Bankman Fried Reportedly Advising Prison Guards on Crypto Amidst Legal Turmoil

Disgraced FTX founder Sam Bankman-Fried (SBF) is allegedly providing cryptocurrency tips to prison guards while navigating his legal troubles and awaiting sentencing for fraud. Sources indicate that SBF, currently incarcerated, has adopted an unconventional form of currency within the prison environment—Mackerel, the fish—similar to the traditional role cigarettes play in such settings.

In addition to his peculiar choice of currency, it is reported that SBF is receiving his preferred dosage of Adderall, a medication used to treat ADHD, and opting for vegetarian meals. Previous concerns raised by SBF about the quality of both medication and vegetarian options have led to adjustments in his prison conditions.

The legal developments surrounding SBF have been marked by controversy. On November 3, he was found guilty on all seven counts of fraud by a jury panel after four hours of deliberation. This follows the revocation of SBF’s bail on August 11, alleging witness tampering. His lawyers intend to challenge the verdict, and SBF, consistently asserting his innocence, faces sentencing on March 28, 2024, as determined by US District Court Judge Lewis Kaplan.

The unconventional aspects of SBF’s prison experience, including the use of fish as a form of currency and his alleged advisory role on cryptocurrency matters within the prison system, add yet another layer of intrigue to the ongoing saga surrounding the FTX founder’s legal challenges.