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With no access to crypto, disgraced FTX founder Sam Bankman-Fried is now trading fish to pay for services in prison (www.businessinsider.com)

submitted 1 year ago by csolisr@communities.azkware.net to c/nottheonion@lemmy.world

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[-] grte@lemmy.ca 71 points 1 year ago

What is this article, haha?

It's no surprise that the former trader would quickly catch on to the commodity of choice in his new environment. He has been a professional trader for much of his career. In 2013, he got his first intern gig at Jane Street Capital, swapping exchange-traded funds before cofounding his crypto-trading firm Alameda Research in 2017. A year later, he figured out how to arbitrage bitcoin between the US and Japanese markets.

Yes, with his lengthy four year career before getting into the scam business he was certainly a master of his craft, lol.

[-] livus@kbin.social 42 points 1 year ago* (last edited 1 year ago)

It feels like it originates with his publicist.

I fact checked the bit about mackerel and it sounds like everyone uses it in prison over there, so he's just doing what all the other inmates do.

Whatever happened to chocolate.

[-] nilloc@discuss.tchncs.de 6 points 1 year ago

I thought cigarettes were still the main currency.

[-] Monkeyhog@lemmy.world 9 points 1 year ago

Cigarettes are banned in the Federal prison system, and most other state prisons as far as I'm aware.

[-] intensely_human@lemm.ee 1 points 1 year ago

But not mackerel

[-] Aatube@kbin.social 10 points 1 year ago

I mean, it's Business Insider

[-] nomecks@lemmy.world 2 points 1 year ago

Hear me out: Fishcoin!

this post was submitted on 26 Nov 2023

111 points (86.3% liked)

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