See More

Unreleased Interview Reveals SBF’s ‘Gangster’ Behavior in Prison

2 mins
Updated by Ali M.
Join our Trading Community on Telegram

In Brief

  • Former FTX CEO Sam Bankman-Fried reportedly adopted a "gangster" lifestyle in jail, according to ex-blood gang member G Lock.
  • Bankman-Fried was earlier convicted of fraud and money laundering and potentially faces a maximum jail sentence of 110 years.
  • Authorities are investigating Bahamian bank Deltec for allegedly offering Bankman-Fried a secret loan to buy Tether Holdings.
  • promo

Sam Bankman-Fried (SBF) has reportedly turned gangster, according to inside reports from his Brooklyn prison. The former FTX CEO is hardly showering but seems to have acquired a crew, according to ex-blood gang member G Lock.

G Lock told crypto reporter Tiffany Fong that he considers Bankman-Fried “strange” but a good guy.

Bankman-Fried Gains Rapport From Inmates

According to G Lock, Bankman-Fried was not showering or shaving but, otherwise, was faring pretty well. He hadn’t been intimidated or subject to serious violence during his time at the Brooklyn Metropolitan Detention Center, the ex-gang member said.

Read more: Who Is Sam Bankman-Fried (SBF), the Infamous FTX Co-Founder?

G Lock added that Bankman-Fried had become more gangster than a famous American rapper. Fong, a crypto social media reporter whom SBF granted an exclusive interview with SBF before his trial, said he had also been subject to roasting by former inmates. They mocked his relationship with Caroline Ellison, the former CEO of crypto hedge fund Alameda Research.

“Sam is more gangster than Tekashi Six Nine,” G Lock said.

sam bankman-fried prison
Sam Bankman-Fried in Prison | Source: Tiffany Fong

Fong interviewed Bankman-Fried after his crypto exchange, FTX, collapsed in November 2022. In the interview, Bankman-Fried divulged his version of what caused the exchange to collapse. FTX was located in the Bahamas, where authorities first apprehended the former crypto boss.

Bankman-Fried’s Jail Time So Far

Following his arrest, Bankman-Fried had reportedly lived in a luxurious Bahamian jail with vegan food, air conditioning, and television. After his deportation to the US, he spent some time in prison before securing a $250 million bond to move to his parents’ home.

He later moved to the Brooklyn Metropolitan Detention Center following alleged witness tampering. Here, he failed to secure release while awaiting his criminal trial and reportedly shared crypto tips with correctional officers. A former inmate described him as a shy man in poor health from whom fellow inmates demanded money.

A jury convicted Bankman-Fried of fraud and money laundering charges in November. A judge could reduce his maximum sentence of 110 years if crypto prices increase the restitution to FTX customers. The judge will only consider such mitigations, if repaid FTX customers lost money before SBF’s crimes.

Read more: FTX Collapse Explained: How Sam Bankman-Fried’s Empire Fell

Outside the jail, authorities are investigating Bahamian bank Deltec for offering Bankman-Fried a loan to buy Tether Holdings. If such allegations prove true, it would mean that Bankman-Fried had a tighter web of partners than previously thought.

BeInCrypto contacted Fong for comments but did not hear back at publication time.

Top crypto projects in the US | April 2024
Harambe AI Harambe AI Explore →
Coinbase Coinbase Explore →
Chain GPT Chain GPT Explore →
iTrustCapital iTrustCapital Explore →

Trusted

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.

David-Thomas.jpg
David Thomas
David Thomas graduated from the University of Kwa-Zulu Natal in Durban, South Africa, with an Honors degree in electronic engineering. He worked as an engineer for eight years, developing software for industrial processes at South African automation specialist Autotronix (Pty) Ltd., mining control systems for AngloGold Ashanti, and consumer products at Inhep Digital Security, a domestic security company wholly owned by Swedish conglomerate Assa Abloy. He has experience writing software in C,...
READ FULL BIO
Sponsored
Sponsored