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Home»TRADING NEWS»It has been reported that SBF is providing cryptocurrency tips to prison guards.
TRADING NEWS

It has been reported that SBF is providing cryptocurrency tips to prison guards.

By Crypto FlexsNovember 24, 20232 Mins Read
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It has been reported that SBF is providing cryptocurrency tips to prison guards.
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Disgraced FTX founder Sam Bankman-Fried (SBF) reportedly gave a prison guard a cryptocurrency tip while awaiting sentencing in his fraud trial.

Moreover, another source said that he was using fish as currency even for simple objects like fish.

SBF having to adapt to prison lifestyle

According to recent reports, SBF has adopted the fish, mackerel, as a form of currency, creating a new commodity similar to cigarettes within the prison environment. Additionally, according to one source, SBF is providing cryptocurrency tips to prison guards.

Additionally, SBF was reportedly receiving a “desired dose of Adderall,” a medication used to treat ADHD. He is also reportedly receiving vegetarian meals, which he prefers.

He has previously raised concerns about both drug treatment and vegetarian meals, claiming the prison did not meet the desired standards for either option.

On August 22, BeInCrypto reported that SBF’s lawyers notified a Manhattan federal court that he was surviving on a diet of “bread and water” in prison.

This comes nearly two weeks after a court revoked SBF’s bail on August 11 on witness tampering charges.

Read more: Top 8 Black Friday Cryptocurrency Deals You Need to Know in 2023

Recent SBF Legal Developments

On November 3, SBF was found guilty on all seven counts of fraud. The jury of 12 people returned a verdict after deliberating for four hours.

U.S. District Judge Lewis Kaplan scheduled SBF’s sentencing for March 28, 2024.

However, SBF’s legal team plans to appeal the ruling. Additionally, SBF has consistently maintained his innocence throughout the trial.

Read more: FTX Collapse Explained: How Did Sam Bankman-Fried’s Empire Fall?

disclaimer

In compliance with Trust Project guidelines, BeInCrypto is committed to unbiased and transparent reporting. These news articles aim to provide accurate and timely information. However, before making any decisions based on this content, readers are encouraged to check the facts and consult with experts.

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