The founder of FTX has brought his entrepreneurial spirit behind bars. He has advised several high-profile inmates, like former Honduran President Juan Orlando Hernandez and rapper Sean Combs, according to reporting by the New York Times.
Bankman-Fried is currently serving 25 years in prison for misappropriating funds at the crypto exchange he founded, FTX, which was once valued at over $30 billion. The company’s collapse stands as the largest fraud in the crypto industry and led to an extended period of stagnation for the sector. While in prison, Bankman-Fried has crossed paths with several celebrity inmates and is giving them his two cents on what they should do in court.
