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Read more: FTX Collapse Connects To CFTC vs. Binance Event And Its Consequences
The photo, shared on the X platform, captures Bankman-Fried appearing thin and disheveled, a far cry from his previous persona. Fong claims it to be the sole image of Sam Bankman-Fried in jail since his imprisonment following a fraud conviction in August 2023.
In the image, Bankman-Fried, positioned second from the right, is noticeably emaciated with unkempt hair and beard. Fong, who has obscured the faces of other inmates except for Bankman-Fried and someone identified as G Lock, suggests that Bankman-Fried has faced significant challenges behind bars.
According to Fong, G Lock, described as a former Blood gang member, remarked on Bankman-Fried’s condition, stating he’s “obviously going through a lot” but acknowledged him as a “good guy.” Despite reports of Bankman-Fried neglecting personal hygiene, G Lock noted that he hadn’t faced severe violence or intimidation.
Earlier, Fong interviewed Gene Borrello, another former MDC inmate, who claimed Bankman-Fried became a target for extortion due to his perceived vulnerability. Borrello described Bankman-Fried as appearing “cowardly and nervous” during their interactions.
The unfolding FTX debacle, marked as one of the largest financial frauds in recent memory, has cast a shadow over Bankman-Fried’s impending sentencing on March 28, 2024, overseen by District Judge Lewis A. Kaplan. Speculation abounds regarding a potentially lighter sentence, possibly influenced by FTX’s efforts to reimburse affected customers.
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