He was sentenced to 25 years in jail in March and gave his first in-person interview from MDC to Puck Information’ William D. Cohan.
Within the interview, printed on Thursday, Bankman-Fried mentioned his circumstances within the federal jail. He additionally stated he didn’t do something improper and is planning to attraction his conviction.
Cohan was not permitted a pen, pad, recorder, cellphone, or watch throughout the interview, so his observations have been subsequently written down.
The previous CEO of the cryptocurrency trade advised Puck that he subsists off beans and baggage of rice bought from the commissary and that his rice “has develop into one of many currencies of the realm inside MDC.”
Bankman-Fried, Cohan estimates, has misplaced 25 kilos and appears fitter, which can be partly as a result of he says the vegan meals he’s served is inedible and his fellow inmates advised him it smells like “shit.”
The previous crypto mogul, who is understood by his initials SBF, advised Puck he’s in a piece of the jail that primarily homes feminine prisoners however that his ward is a big room with bunk beds that holds 35 males. He stated that perhaps half of the lads had been convicted of homicide and have become cooperating witnesses.
The Federal Bureau of Prisons didn’t instantly reply to a request for remark from Enterprise Insider about Bankman-Fried’s jail quarters, nor did his attorneys.
He advised Puck his days encompass sitting within the room with the opposite males whereas 4 televisions play completely different channels. He stated he would not watch a lot TV however makes use of a pill to play video games or watch films.
He advised Puck that he has not been abused and doesn’t “concern for his security.” And the one time he’s pestered is at evening “about these baggage of rice, which they intend to make use of to barter,” he stated.
SBF was discovered responsible of stealing $8 billion from FTX prospects. Following his conviction, US Legal professional Damian Williams stated SBF “perpetrated one of many largest monetary frauds in American historical past — a multibillion-dollar scheme designed to make him the King of Crypto.” He was discovered responsible of commingling FTX buyer cash with that of Alameda Analysis, cash that prosecutors stated went to enriching executives.
FTX stated this week that it plans to pay again prospects.
