SBF's Prison Currency Adventures

robot
Abstract generation in progress

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 🌕

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)