Sam Bankman-Fried Says Cell Mate Diddy Is "Friendly"

Former FTX CEO Sam Bankman-Fried Says Cell-Block Mate Diddy Is “Friendly”

Disclosure

Updated: 07 March 2025

The information provided on Inside Bitcoins is for educational and informational purposes only and should not be considered financial, investment, or trading advice. Cryptocurrency markets are highly volatile, and investing in digital assets carries significant risk. No profits are guaranteed, and you may lose some or all of your investment. Always invest responsibly and only with funds you can afford to lose.

Join Our Telegram channel to stay up to date on breaking news coverage

Sam Bankman-Fried, the former CEO of the now-defunct crypto exchange FTX, says that his cell-block mate Sean Diddy Combs is “always friendly” with him.

“I’ve only seen one piece of him, which is Diddy in prison,” Bankman-Fried said in an interview with Tucker Carlson shared in a March 6 post on X. ”He’s been kind to people in the unit, he’s been kind to me.”

Bankman-Fried And Diddy Housed In High-Security Dorm

Bankman-Fried was convicted in November 2023 on seven counts of wire fraud, securities fraud and money laundering for his role in the collapse of FTX and its sister firm Alameda Research.

According to prosecutors, he “perpetrated one of the biggest financial frauds in American history.”

Meanwhile, American music mogul Diddy is facing sex trafficking, racketeering, and prostitution charges. He and Bankman-fried are housed in the same unit, which is a high-security 15-man dorm away from the general population because of their high-profile cases.

“You know, the fortunate thing, the place I’m in…I’m not in physical danger,” Bankman-Fried said during the interview.

Bankman-Fried Calls FTX Collapse A “Colossal Disaster”

The former FTX CEO was asked whether he had any money left, to which he replied,” basically no.”

Had there been no intervention, FTX would have had around $15 billion in liabilities and about $93 billion of assets, and there ”was enough money to pay everyone back, he said

“But that’s not how things worked out. Instead, it all got roiled up in a bankruptcy,” he said. “It’s been a colossal disaster. Not stopping that from happening is by far the biggest regret of my life.”

Sam Bankman-Fried Claims FTX Would Have $93 Billion if Bankruptcy Was Avoided https://t.co/2lSkdTm8KE

— FTX Historian (@historian_ftx) March 7, 2025

Bankman-Fried is optimistic on the future of crypto, and said a lot of “good things” are already happening under the pro-crypto US President Donald Trump.