SBF’s Prison Currency: Rice Bags for Trade, Says First Interview
- SBF's Prison Survival: Sam Bankman-Fried, the disgraced FTX founder, revealed details of his prison life, surviving on beans and rice that have become a form of currency.
- Interview Details: In his first comprehensive interview since imprisonment, SBF discussed his situation in federal prison, maintaining innocence, and expressing intention to appeal his conviction.
- Survival Tactics: SBF claims to have lost weight due to the poor vegan food in prison and believes he was made a scapegoat for FTX's collapse.
- Currency System: Rice bags bought from the commissary serve as a trading currency within the Metropolitan Detention Center in Brooklyn where SBF is incarcerated.
- Legal Standpoint: Despite being convicted of mishandling $8 billion in customer funds, SBF denies committing any crimes and blames the lawyers he handed FTX to for the company's collapse.
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Technical Analysis for
Technical Sentiment Analysis for () As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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