SBF's prison life: not forgetting the original intention of the trader, trading arbitrage with "rice".

This article is from “SBF maintains his innocence as he trades rice in jail”

Original Author: Jesse Coghlan

Compilation: Odaily Planet Daily Husband How

This is SBF’s first face-to-face conversation with the media since being incarcerated at the Brooklyn Metropolitan Detention Center (MDC) in August 2023. SBF spoke with Puck News’ William Cohan in an interview published May 9, organized by SBF’s mother, Barbara Fried.

According to the interviews, SBF’s diet is predominantly vegetarian. Because MDC’s vegetarian meals made other inmates feel “smelly like feces,” he lived mainly on beans and rice, and rice had “become a trading coin within MDC.” SBF even jokingly stated: “Arbitrage opportunities in prison are longer better than his previous life as a high-frequency trader.” ”**

According to Puck News, SBF has lost a lot of long, losing 25 pounds (11 kilograms) and “no longer that fat, less neurotic, less restless, and no more bags under the eyes.” And during the interview, SBF stared into Cohan’s eyes almost all the time, which he had rarely seen before. And, he sadly admits that he has “learned to disguise himself” and is doing well.

SBF’s living quarters are large open-plan dormitories that MDC once built for female inmates and live with 35 other male inmates — half of whom, according to reports, are murderers who have compromised with the government. However, according to SBF, life in prison was very boring, with only four TVs and a tablet without an internet connection for entertainment, and he had to play games on the tablet. Although there are long murderers who live with the cellmates, SBF does not worry about his own safety, but often does not sleep well because of his cellmates’ frequent wake-up calls - they always ask SBF if he has long small amount of rice **** and wants to barter. **

Although SBF’s prison life is rich and longing because of “rice”, he has never given up on exonerating himself and has always insisted that he is a “scapegoat”. Last month, SBF filed a notice saying he was appealing fraud and Money Laundering charges.

In addition, SBF talks to his new lawyer for an hour or so almost every workday – after taking approved prescription medications, SBF is very clear in communication.

SBF insisted in the interview that he was framed as a scapegoat for FTX’s bankruptcy and argued that his only negligence was to put FTX in a position vulnerable to bank bank runs and malicious actions by competitors, and that reasonable penalties should be civil, not criminal.

Journalist Cohan noted that SBF still does not believe that it has committed a crime and portrays itself as an innocent participant who has not been given enough opportunity to consult with prosecutors. And SBF is not sorry for being convicted of helping embezzle approximately $8 billion in client funds.

**SBF stressed that the team of lawyers who handed over the company to FTX was responsible for convicting him of the company’s bankruptcy; If he had stayed in the leadership role at FTX, the company would not have gone bankrupt, but would have been a thriving company worth $80 billion. He added that after his lawyer convinced him that there was a conflict of interest in running both the trading company and FTX, he should have worked harder to find someone other than his ex-girlfriend Caroline Ellison to lead Alameda, or simply ignore them and continue to run both companies.

SBF has asked to remain with MDC until he files an appeal, which should be in July. But by law, SBF can be transferred at any time, most likely in a California state jail away from his parents. **If this happens, SBF could travel across the U.S. in four months on a prison bus to reach the prison in California. **