The Wall Street Journal published an update on the prison living conditions of Sam Bankman-Fried, FTX’s co-founder and ex-CEO, on Nov. 23.

The newspaper said that Bankman-Fried has been placed in a dormitory with Juan Orlando Hernández, a former Honduran president who is awaiting trial over acceptance of bribes from drug traffickers. Both appear to be on good terms: Hernández’s lawyer said that the two inmates have held “cordial conversations.”

Also in the same unit is Genaro García Luna, a former head of police in Mexico who was recently convicted of helping cartels smuggle cocaine into the U.S.

The Wall Street Journal added that Bankman-Fried’s difficulties in accessing vegetarian meals and ADHD medication in prison have been resolved.

It noted that Bankman-Fried is allowed to see non-attorney vistors once a week. He has also been granted access to a special laptop for the review of legal documents, though his computer use is restricted to a dedicated room with divider desks.

Bankman-Fried’s spokesperson, Mark Botnick, told the newspaper that the former FTX executive is doing the “best he can under the circumstances.”

Bankman-Fried involved in prison economy

The Wall Street Journal additionally said that Bankman-Fried is trading mackerel packets with other inmates in exchange for services. He reportedly traded an unknown amount of mackerel for a haircut prior to his trial in November.

Mackerel packets — which are individually worth about $1.30 — became a de facto prison currency after federal smoking bans eliminated cigarettes as a viable alternative. (Incidentally, another former cryptocurrency convict, Charlie Shrem, has previously commented on the economics of prison mackerel trading.)

Bankman-Fried has also provided advice regarding cryptocurrency investment to guards, according one of the Wall Street Journal’s unnamed sources.

SBF will be moved after sentencing

Bankman-Fried is currently housed in the Metropolitan Dete

Go to Source to See Full Article
Author: Mike Dalton

Did you like this?
Tip BTC Newswire with Cryptocurrency

• Bitcoin
• Bitcoin Cash
• Ethereum
• Litecoin
• Monero
• ZCash

Donate Bitcoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Bitcoin Cash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Ethereum to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Ether:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Litecoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Litecoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Monero to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Monero:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate ZCash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some ZCash:

Copy ZCash Address

[X] Click Here to Hide Donation Details