1 year ago
Sources adjacent to the concern person revealed that FTX’s founder, Sam Bankman-Fried, is adapting to his caller beingness astatine the Metropolitan Detention Center successful Brooklyn, New York. Insiders bespeak that Bankman-Fried is becoming acquainted with the prison’s unsocial economy, having reportedly exchanged mackerel packets for a haircut.
From Trading Crypto to ‘Mack Packs’ — Bankman-Fried’s New Currency successful Prison Life
Recently, wrong sources person reported connected erstwhile FTX main Sam Bankman-Fried‘s accommodation to situation life. Following the revocation of his bail owed to allegations of witnesser tampering, Bankman-Fried was confined to the Metropolitan Detention Center (MDC) successful Brooklyn, New York. Since his conviction successful November 2023, helium has been residing there, presently awaiting sentencing aft being convicted connected 7 chiseled national charges.
According to a Wall Street Journal (WSJ) report by James Fanelli and Corinne Ramey, sources “familiar with the matter” uncover that Bankman-Fried has discovered the unsocial currency of mackerel packets successful prison. These sources allege that Bankman-Fried, the erstwhile crypto executive, has adapted by utilizing “mack packs” arsenic outgo for services similar a haircut portion incarcerated astatine MDC.
Mackerel packets person been a standard signifier of currency among prisoners since 2004, pursuing the prohibition connected cigarettes successful national prisons, frankincense elevating mack packs to the preferred trading medium. It is well documented that these mackerel packets, valued astatine astir $1 successful the situation commissary, tin fetch a higher terms owed to their scarcity.
Prisoners are mostly constricted to buying 14 packets per week. Inmates typically support their mack packs successful idiosyncratic retention areas specified arsenic lockers oregon designated spaces successful their surviving quarters. Besides being prison-money, canned mackerel has go a blistery commodity globally successful caller times, and it is estimated to beryllium a $1.5 cardinal concern by 2031.
Canned mackerel successful lipid is highly regarded for its flavor, quality, and longevity successful presumption of support life. When unopened and stored correctly, this benignant of canned mackerel tin clasp its highest prime for 3 to 5 years. Conversely, adjacent an opened tin of mackerel, if stored nether due conditions, tin sphere its optimal prime for astir 3 months.
In an intriguing twist, the WSJ further reports that Bankman-Fried has been offering crypto trading proposal to correctional officers astatine MDC. Additionally, helium is reportedly sharing a dormitory with erstwhile Honduran president Juan Orlando Hernández, who is accused of accepting bribes from cocaine traffickers. This astonishing pairing puts Bankman-Fried successful adjacent quarters with a salient fig successful planetary authorities and alleged transgression activity.
What bash you deliberation astir Bankman-Fried dealing successful mack packs these days? Share your thoughts and opinions astir this taxable successful the comments conception below.
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