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The Latest on Sam Bankman-Fried’s Imprisonment
The first prison photo of former FTX CEO Sam Bankman-Fried was recently released by crypto influencer Tiffany Fong. The photograph depicts a somewhat disheveled Bankman-Fried, believed to be the first image of the now disgraced crypto mastermind following his arrest in August 2023.
The Last Photo of SBF?
Dated December 17th, 2023, Bankman-Fried is seen posing alongside fellow inmates, including former Blood gang member, G Lock, in the Metropolitan Detention Center (MDC) in Brooklyn, NY.
With electronics banned during Bankman-Fried’s court appearances and during visits at MDC, this latest photo may be one of the last seen of Bankman-Fried for a considerable amount of time as the fraudster faces what could be the remainder of his life in prison following his November 2023 conviction for his role in FTX’s collapse.
A 1 Month Trial and Potential 100-year sentence
The month-long trial saw several Bankman-Fried’s former executives testify against him, including FTX’s former head of engineering, Nishad Singh, FTX co-founder, Gary Wang, and former Alameda Research CEO, Caroline Ellison.
Prosecutors alleged Bankman-Fried orchestrated an elaborate scheme that saw clients of FTX and its sister company Alameda Research drained of an estimated $8 billion.
Bankman-Fried is facing what could be a total of over 100 years in prison, though sentencing largely depends on the judge’s jurisdiction and pre-established statutory guidelines.
Former Fellow Inmate of Sam Bankman-Fried Speaks Out
In addition to the new photo of Bankman-Fried, Fong released a clip of an upcoming interview with G Lock set to be released this week. In the clip, G Lock claims that Bankman-Fried has not showered during his time in prison, grown out a “full beard,” and lost weight. Despite calling him “strange,” G Lock refers to the FTX founder as “a good guy” and “more gangster than Tekashi69.”
Bankman-Fried is due back in Manhattan federal court for a Curcio hearing on the afternoon of Wednesday, February 21. His sentencing is currently scheduled for March 28.
Ian is a cryptocurrency enthusiast blending humor with professionalism. With an engineering background and a storyteller's heart, he simplifies the blockchain world with sharp analysis and a touch of wit. At Cryptowire, he brings his unique perspective to make digital financial innovation accessible to all.
