SBF Claims Innocence in Prison, Plans to Launch New Token After Release

According to New York magazine, Sam Bankman-Fried (SBF), founder of FTX, is currently incarcerated at the federal prison in Lompoc, California, serving a 25-year sentence for fraud and conspiracy. It is reported that SBF speaks with journalists one to two times per week, remains cooperative, consistently maintains his innocence, and continues to advocate for his case. In prison, he continues to take medication for depression and ADHD, adheres to a vegan diet, refuses meals from the prison cafeteria, and relies on snacks from the commissary to prepare his own food. The article notes that SBF claims to suffer from "anhedonia"—an inability to experience pleasure—yet maintains his characteristic upbeat demeanor in communications with the outside world. Notably, when fellow inmate David Bunevacz asked about his plans after release, SBF stated that to make substantial money, one must first secure $50 million to $100 million in startup capital to build a legitimate business, and publicly declared his intention to launch his own cryptocurrency ("start my own coin") upon release.