FTX ‘fraudster’ Sam Bankman-Fried gets epic advice from ‘Pharma-Bro’ Martin Shkreli on prison life

While fallen FTX co-founder Sam Bankman-Fried is staring down the barrel of 115 years in prison on a whole list of conspiracy and fraud charges, he is receiving advice from other high-profile executives such as “Pharma Bro” Martin Shkreli on how to survive his impending time in the pen.

Shkreli gave an interview with journalist Laura Shin on her “Unchained” podcast, doling out hilarious advice on surviving prison.

“His best bet, in my opinion, is to plead guilty, try to get 20 years, something like that, and hope that your unprecedented cooperation will give you some kind of favor from prosecutors,” Shkreli told the podcast host.

After failing to look long and hard in the mirror, he laughably stated that Bankman-Fried was too “effeminate.”

(Video Credit: Unchained Podcast)

“Sam isn’t exactly gonna be somebody that fits into prison. You know, my advice for him includes shaving his head, my advice for him includes deepening his voice,” Shkreli told Shin. “Sam is going to have a lot of issues because he is a bit of an effeminate guy, and his demeanor, some people say [an] autistic sort of sense or sensibility is not something that goes over well in prison.”

Shkreli served four years after being convicted on two counts of securities fraud and one count of conspiring to commit securities fraud. Like Bankman-Fried, he lied to investors. His lies involved two hedge funds and a pharmaceutical company he founded. The “Pharma Bro” was sentenced in 2018 and was released this year.

Shkreli is seen as an absolute scumbag for raising the price of a life-saving drug called Daraprim by 5,455%. It is an antiparasitic medication used to treat AIDS. He then took to social media and moronically posted he was disappointed he didn’t raise the price even higher. He was branded “Pharma Bro” because of it.

The advice to Bankman-Fried is absolutely comical. Shkreli advised the crypto billionaire to prep for the Big House by listening to rap music and “trying to learn everything there is to know about gangs.”

“This sounds funny, but this could save your life,” Shkreli seriously remarked. “’He probably should no longer say that he’s from Stanford or something. He can say that he’s from Oakland, I think that people would rather hear him lie than hear the truth. Even if they know it’s a bit of a lie, he should probably start to reinvent his background and history because the rich white kid from a good neighborhood — that story doesn’t sound great.”

No advice on showers or bedtime for the “Crypto Bro” from Shkreli but I’m sure Bankman-Fried has an inkling about those scenarios.

Convicted felon, Sam Antar, the former CFO of the infamously corrupt 1980s company Crazie Eddie, gave Bankman-Fried an alternative piece of advice, “Memo to Sam Bankman-Fried @SBF_FTX: I have just one piece of advice for you. JUMP BAIL AND RUN! Better to lose $250 million to gain your freedom than spend two decades or more in prison. I’ll give you the same advice my criminal lawyer gave me, ‘They can only hang you once.'”

Bankman-Fried is being charged with conspiracy to commit wire fraud, conspiracy to commit money laundering, conspiracy to commit commodities and security fraud, violating campaign finance laws, and conspiracy to defraud the United States. If he is convicted on all counts, he could get 115 years for those charges alone. There are also similar charges that are coming down the pike from the Securities and Exchange Commission and the Commodity Futures Trading Commission.

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