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SBF's Prison Currency Adventures
Sam Bankman-Fried, the fallen FTX boss, has found his way in prison life. He's trading fish now. Not crypto. Fish.
Almost two years into his time behind bars, SBF deals in "macks" - those little mackerel packets that inmates use like dollar bills. It's kind of surprising how quickly he adapted to this fishy economy 🐟
Word is, he once paid four mackerel packets for a haircut before his trial. The price of these things keeps climbing. They're about $2.75 now at the prison store. Last year? Just $1.30. Seems like inflation hits everywhere, even in jail 💱
These fish packets replaced cigarettes after the smoking ban. They work pretty well. Buy stuff. Pay for services. SBF gets it. He's vegan, so he doesn't eat them. Just trades them. Old habits die hard, I guess 📈
His cellmates are quite the interesting pair - an ex-president from Honduras and a former Mexican cop. Martin Shkreli, who did time himself, backs up these stories about the mackerel economy. Prison creates strange bedfellows 🔒
So while awaiting more legal battles after his fraud convictions, SBF trades mackerel instead of millions. Different market. Same game. The economic wheel keeps spinning, even in the most restricted places 🌕