SBF Talks About Life in Jail With Diddy, Chess, Muffins As Foreign money

• Sam Bankman-Fried, the crypto fraudster serving a 25-year sentence, spoke with Tucker Carlson from behind bars.
• Bankman-Fried is bunking close to Sean “Diddy” Combs, who’s going through intercourse trafficking fees.
• Bankman-Fried mentioned he is made associates they usually play chess.

Sam Bankman-Fried talked life behind bars in a wide-ranging jailhouse interview with Tucker Carlson.

Between crypto chatter and sharing his methods for making associates in jail, Bankman-Fried additionally opened up about residing alongside Sean “Diddy” Combs in Brooklyn’s Metropolitan Detention Heart the place each males are being held.

“He is been type,” Bankman-Fried mentioned of Diddy. The rapper was arrested final 12 months and is awaiting trial on intercourse trafficking fees.

Bankman-Fried was discovered responsible of seven counts of fraud and conspiracy in late 2023 at a prison trial that dissected the autumn of FTX, his defunct cryptocurrency trade.

He’s serving a 25-year jail sentence.

“I’ve made some associates,” Bankman-Fried instructed the previous Fox Information anchor. “It is a bizarre atmosphere. It is type of a mix of some different excessive profile instances after which numerous, you understand, ex gangsters, alleged ex gangsters.”

The interview with Carlson prompted Mark Botnick, Bankman-Fried’s media consultant, to resign. He instructed Enterprise Insider he was not conscious that Carlson was planning to interview Bankman-Fried and had no involvement with it.

On-camera interviews from prisons and jails are uncommon in the USA. The Metropolitan Detention Heart, the place Bankman-Fried is incarcerated whereas interesting his prison conviction, is supplied with video teleconferencing tools sometimes used for inmates to speak with their legal professionals. A consultant for the jail declined to touch upon Bankman-Fried’s interview with Carlson however mentioned that video interviews could be organized with members of the media.

Here is what Bankman-Fried and Carlson talked about:

Hanging out with Sean “Diddy” Combs

Carlson posted a video of the 40-minute interview on social media on Thursday. He referred to as Bankman-Fried and Combs “two of probably the most well-known prisoners on this planet,” asking Bankman-Fried what it is like residing in such shut quarters.

“I’ve solely seen one piece of him, which is Diddy in jail. He is been type to individuals within the unit. He is been type to me. It is a place nobody needs to be in. Clearly, he does not, I do not,” Bankman-Fried mentioned. “It is form of a soul crushing place for the world normally, and what we see are simply the individuals which are round us on the within reasonably than who we’re on the skin.”

Bankman-Fried additionally mentioned that different inmates have challenged his chess expertise.

“They’re good at chess. That is one factor I realized,” Bankman-Fried instructed Carlson. “Former armed robbers who do not communicate English and doubtless did not graduate center college — a stunning quantity are surprisingly good at chess.”

The unflagging passage of time

Bankman-Fried turned 33 on Thursday however downplayed the milestone to Carlson.

“You are not going to inform Diddy it is your birthday tomorrow? I do not consider you,” Tucker joked through the interview, which was apparently filmed Wednesday.

“Another person may, however I am not,” Bankman-Fried replied.

Bankman-Fried says he expects to be in his late 40s when launched from jail — if he is not pardoned first.

When Carlson requested whether or not he thinks he’ll make it that lengthy, the ex-crypto mogul mentioned he did not know.

Jail economics

In a world with no cash — a lot much less cryptocurrency — inmates use muffins as a medium of trade, Bankman-Fried mentioned.

Bankman-Fried mentioned he hoards muffins as a part of the “muffin economic system” however does not eat them. He sticks to rice and beans and ramen noodles, he mentioned.

“The size of all the pieces is so diminished in jail, you see individuals preventing over a single banana,” Bankman-Fried mentioned.

Crypto coverage underneath Donald Trump’s presidency

Trump has overseen far friendlier crypto insurance policies than former President Joe Biden, having already dropped quite a few instances in opposition to crypto corporations.

Bankman-Fried, who was discovered responsible of defrauding clients and traders of his cryptocurrency trade, mentioned much less authorities involvement in particular person funds is an efficient factor.

“When you take a look at what Trump mentioned going into workplace, there are numerous good issues,” Bankman-Fried mentioned.

However he mentioned that, so as to shift issues in the precise course, Trump must tackle monetary regulators.

“Altering the guard helps. However monetary regulators — they’re large, big bureaucracies within the federal authorities,” he mentioned.

Having youngsters

Bankman-Fried mentioned his efficient altruism philosophy with Carlson, explaining that he prioritized actions that did probably the most good to the most individuals.

Carlson requested Bankman-Fried the place youngsters match into his worldview.

“Is having youngsters a part of your efficient altruism philosophy?” Carlson requested Bankman-Fried.

Bankman-Fried responded that he felt like his workers at FTX had been his youngsters.

“For 5 years, I felt like I had 300 youngsters, most days: my workers. Clearly, I could not be a father to all of them. However I felt chargeable for them.”

Carlson took the purpose additional.

“Have any of these 300 workers visited you in jail?” Carlson requested.

Bankman-Fried mentioned that none had.

“Most likely must have some actual children sooner or later, do not you assume? As a result of when issues go unhealthy, they have a tendency to stay round,” Carlson instructed Bankman-Fried, who is about to spend the subsequent twenty years in jail.