Sam Bankman-Fried swaps Bitcoin for mackerel in prison
The FTX founder participates in ‘ prison omics’ at a Brooklyn detention center where demand for mackerel pouches outshines interest in Bitcoin and crypto. Convicted FTX founder Sam Bankman-Fried has battered seafood delicacies with fellow inmates during his time at the Brooklyn Metropolitan Detention Center (MDC). He exchanged it for services while awaiting his sentencing, according to the Wall Street Journal citing people familiar with the matter. Bankman-Fried paid four mackerel pouches to a detainee for the haircut he carried at his trial in a New York federal courthouse, per the report. Bankman-Fried has seemingly substituted his crypto-investing days for prison economics as his conviction may probably bar him from leading a digital asset business for a considerable time period. “The mack currency system is far more stable than crypto.” Bill Baroni, a prison consultant Baroni added that Bankman-Fried has also delivered crypto tips to prison guards on occasion. Ahea...