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He was sentenced to 25 years in prison in March and gave his first in-person interview from MDC to Pac News’ William D. Cohan.
In an interview published Thursday, Bankman Fried spoke about his situation in federal prison. He also said he did nothing wrong and that he plans to appeal his conviction.
Mr. Cohan was not allowed to use a pen, pad, recorder, telephone, or watch during the interview, and his findings were subsequently written down.
Former CEO of a virtual currency exchange told Puck He makes a living from bags of beans and rice he buys from a kiosk, and said his rice “has become one of the currencies of the kingdom within the MDC.”
Cohan estimates that Bankman-Fried has lost 25 pounds and appears to be healthier, in part because she claims she can’t eat the vegan food served to her and her peers. One reason may be that inmates told her that she smelled like shit.
The former cryptocurrency mogul, known by his initials SBF, told Pack that he is in a section of the prison that primarily houses female prisoners, but that his ward is a large room with bunk beds that can hold 35 men. he said.he said this Probably half of the men would have been convicted of murder and would have been cooperating witnesses.
The Federal Bureau of Prisons did not immediately respond to Business Insider’s request for comment about Bankman Fried’s prison, nor did his attorney.
He told Puck that his day consists of sitting in a room with other men while four televisions play different channels. He doesn’t watch much TV, but he uses his tablet to play games and watch movies.
He told Pac that he was not abused and that he was “not worried for his safety.” And it is only at night that he is pestered, he says, “about bags of rice that we are going to use for barter.”
SBF was convicted of stealing $8 billion from FTX customers. Following his conviction, U.S. Attorney Damien Williams said SBF carried out “one of the largest financial frauds in U.S. history – a multibillion-dollar scheme to make him the king of cryptocurrencies.” He said he did. He was convicted of mixing FTX client funds with Alameda Research funds, which prosecutors said were used to enrich executives.
FTX announced this week that it plans to issue refunds to customers.