From Crypto To Catch: Disgraced FTX Founder Turns To Trading Fish In Prison

From Crypto To Catch: Disgraced FTX Founder Turns To Trading Fish In Prison
According to a report by Business Insider, Sam Bankman-Fried (SBF), co-founder and former CEO of FTX, has adapted to the economic system of New York’s Metropolitan Detention Center (MDC), where he is currently awaiting sentencing on multiple felony counts.  The disgraced crypto-billionaire has reportedly been bartering, using food as currency in exchange for various services within the prison. Former FTX CEO SBF Trades Fish For Services Per the report, mackerel, a fish commonly referred to as “macks” among inmates, emerged as the currency of choice in federal prisons after cigarettes were banned. The fish’s popularity stems from its stability and value within the prison economy.  Formerly incarcerated individuals like attorney Larry Levin have accepted mackerel as payment from fellow prisoners, using it to acquire services such as beard trims and shoe shines.  The demand for mackerel became so significant that suppliers, including Global Source Marketing, witnessed increased sales, according to Business Insider. Related Reading: AVAX Holders Beware: $204 Million Token Unlock Could Trigger Price Crash Today In a prison environment where inmates lack access to traditio ..

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