First Photo Of FTX Founder Sam Bankman-Fried In Prison Is Posted By Crypto Influencer

Updated: 21 February 2024

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The first photo of FTX founder Sam Bankman-Fried (SBF) in prison has been posted on X by the crypto influencer Tiffany Fong.

“He’s obviously lost some weight, and I’ve heard that he’s not showering very much,” said Fong in a video posted to X on Feb. 20. “He’s not as clean-shaven as he used to be. But he’s obviously going through a lot right now.”

First photo of Sam Bankman-Fried in jail at MDC Brooklyn. (December 17, 2023) pic.twitter.com/QlENjjmeQG

— Tiffany Fong (@TiffanyFong_) February 20, 2024

Sam Bankman-Fried Seen With A Beard Next To Other Inmates

Fong said she got the photo from a former gang member who goes by the name “G Lock” who was in prison with SBF.

“According to G Lock, the photos were taken on December 17, because apparently inmates are only allowed to take photos on Christmas and Father’s Day,” Fong said.

In the picture, the disgraced FTX founder was sporting a beard while standing alongside five other inmates, including G Lock. Fong said she obscured the faces of the other inmates for privacy reasons.

SBF Awaits His Sentencing

SBF has been at Brooklyn’s Metropolitan Detention Center since August 2023. Initially placed under house arrest, SBF was later imprisoned after a judge ruled that there was probable cause to believe SBF tried to “tamper with witnesses.”

SBF has adapted to the economic realities of prison fairly quickly, with prison consultant Bill Baroni telling the Wall Street Journal earlier that the FTX founder paid four mackerel for a haircut. Mackerels took over from cigarettes as the preferred medium of exchange when cigarettes were banned in federal prisons in 2004, the WSJ said.

FTX founder Sam Bankman-Fried, who was convicted of fraud and is cooling his heels at a Brooklyn detention center, has traded in crypto for a new currency: mackerel https://t.co/MYedH4A7dV pic.twitter.com/vKFmvpIQnY

— The Wall Street Journal (@WSJ) November 23, 2023

SBF was found guilty on seven charges of fraud and conspiracy in connection with FTX’s bankrupty. His sentencing is scheduled for Mar. 28, with the judge expected to weigh multiple factors, including the nature of his offenses as well as his personal background. The FTX founder faces up to 115 years in prison.