FTX Founder Uses Mackerel as Prison Currency Amid Fraud Conviction

Sam Bankman-Fried, facing up to 110 years in prison, adapts to jailhouse economy while awaiting sentencing in March.

Sam Bankman-Fried, founder of FTX, has been using mackerel fish as a form of currency in prison to pay for services such as haircuts.
Bankman-Fried was found guilty on seven federal charges, including fraud and conspiracy, in connection with the collapse of his crypto empire.
He has been incarcerated since August when his bail was revoked for alleged witness tampering.
Bankman-Fried's sentencing is scheduled for March 28, 2024, and he faces up to 110 years in prison.
He is also accused of violating campaign finance laws and allegedly bribing Chinese officials.