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.”
Read more here from Business Insider.
