Gaunt photos of FTX founder Sam Bankman-Fried in prison emerge online

cyptouser9 months agoCryptocurrencies News118

The first photos of Sam Bankman-Fried, the convicted founder of the bankrupt FTX exchange, at New York’s Metropolitan Detention Centre, have emerged online from crypto influencer Tiffany Fong.

Fong shared the exclusive images of SBF on Feb. 20 via the social media platform X (formerly Twitter), describing it as the “first and only” photos of him since he was convicted.

SBF prison images
Sam Bankman-Fried Prison Images. (Source: Tiffany Fong)

In the picture, the disgraced FTX founder was sporting a beard while standing alongside five other inmates, including a figure known as G Lock, who Fong described as her “new inmate friend.” The picture was reportedly taken on Dec. 17, 2023.

Meanwhile, several crypto community members pointed out that the disgraced founder had lost weight, with Fong asserting that:

“[SBF’s] obviously lost some weight, and I’ve heard he’s not showering very much. He’s not as clean-shaven as he used to be, but he’s obviously going through a lot right now.”

SBF has been held at the Metropolitan Detention Center since August 2023 after Judge Lewis Kaplan remanded him on suspicions of attempting to influence witnesses.

CyptoRanking, citing federal inmate records, reported that the New York center was one of the most notorious prisons in the US because of its poor conditions like staffing shortages, corruption among staff, power outages, cockroach and rodent infestations, poor food, and malfunctioning toilets.

Awaiting sentence

Despite his conviction, Bankman-Fried’s sentencing remains pending until March 28, with the judge expected to weigh multiple factors, including the nature of his offenses and his personal background.

SBF faces up to 110 years in prison, having been found guilty on all seven charges. However, speculation persists regarding a potentially reduced sentence, partly stemming from FTX’s commitment to reimburse creditors fully.

Meanwhile, the likelihood of defrauded FTX clients receiving restitution before SBF’s sentencing appears slim as the firm bankruptcy proceedings continue.

Mentioned in this article
FTX Sam Bankman-Fried
The content on this website comes from the Internet. Due to the inconvenience of proofreading the authenticity and accuracy of the copyright or content of some content, it may be temporarily impossible to confirm the authenticity and accuracy of the copyright or content. For copyright issues or other issues caused by this, please Call or email this site. It will be deleted or changed immediately after verification.

related articles

US DOJ files motion to block CZ’s return to UAE over flight risk concerns

The U.S. Department of Justice (US DOJ) has filed a motion to prevent former Binance CEO and founder...

Price analysis 6/28: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB

Price analysis 6/28: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB

55966e89˃Bitcoin (BTC) remains stuck in a large range, but the bulls are trying to maintain the pric...

Paraguay floats temp crypto mining ban as illegal ‘farms’ cripple grid

Paraguay floats temp crypto mining ban as illegal ‘farms’ cripple grid

92485d12˃Paraguay lawmakers have proposed a bill to temporarily ban crypto mining and related activi...

Exploring Sui’s Object-Centric Model and the Move Programming Language

Exploring Sui’s Object-Centric Model and the Move Programming Language

55966e89˃The Sui blockchain has emerged as a novel layer-1 (L1) protocol, incorporating advanced tec...

Bitcoin’s days below $70K are numbered as traders cite BTC’s swing low as the bottom

Bitcoin’s days below $70K are numbered as traders cite BTC’s swing low as the bottom

55966e89˃Bitcoin (BTC) price has been trending lower over the last two weeks, and analysts believe t...

Hashing It Out: Layer-2 challenges and enterprise adoption with LightLink CEO

Hashing It Out: Layer-2 challenges and enterprise adoption with LightLink CEO

55966e89˃In this episode of Cointelegraph’s Hashing it Out podcast, host Elisha Owusu Akyaw intervie...