With no access to crypto, disgraced FTX founder Sam Bankman-Fried is now trading fish to pay for services in prison
With no access to crypto, disgraced FTX founder Sam Bankman-Fried is now trading fish to pay for services in prison
Sam Bankman-Fried is now using mackerel fish as a means of exchange with other prisoners.
![With no access to crypto, disgraced FTX founder Sam Bankman-Fried is now trading fish to pay for services in prison](https://lemmy.world/pictrs/image/2c847563-ad1f-49d3-94fa-c0ba63e6163b.jpeg?format=webp&thumbnail=256)
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What is this article, haha?
It's no surprise that the former trader would quickly catch on to the commodity of choice in his new environment. He has been a professional trader for much of his career. In 2013, he got his first intern gig at Jane Street Capital, swapping exchange-traded funds before cofounding his crypto-trading firm Alameda Research in 2017. A year later, he figured out how to arbitrage bitcoin between the US and Japanese markets.
Yes, with his lengthy four year career before getting into the scam business he was certainly a master of his craft, lol.
71 0 ReplyIt feels like it originates with his publicist.
I fact checked the bit about mackerel and it sounds like everyone uses it in prison over there, so he's just doing what all the other inmates do.
Whatever happened to chocolate.
42 0 ReplyI thought cigarettes were still the main currency.
6 0 ReplyCigarettes are banned in the Federal prison system, and most other state prisons as far as I'm aware.
9 0 ReplyBut not mackerel
1 0 Reply
I mean, it's Business Insider
10 0 ReplyHear me out: Fishcoin!
2 0 ReplyIn all fairness, billions of dollars don't lie lol
5 23 ReplyWhere they at? Apparently he's buying haircuts with cans of fish.
33 0 ReplyHe fafo and stole money from other rich people lol
2 0 Reply
Most billionaires value is in non physical parts of a company. Sounds pretty made up
16 0 ReplyYou're unironically arguing that "might makes right" lmao get fucked techbro
12 1 ReplyI'm not saying he was right, just saying he was effective
2 0 ReplySome people think all statements are value judgments. They then accuse others of fusing value judgments with other things.
It’s like someone who can’t see bread without seeing a sandwich, and then getting annoyed that others won’t stop making sandwiches.
1 0 Reply