Sam Bankman- Fried was arrested and charged with eight crimes.
Martin Shkreli advised him on how to prepare for prison.
Bankman-Fried should shave his head and listen to rap music, according to the man.
Sam Bankman-Fried was advised by Martin Shkreli to listen to rap music, deepen his voice, and shave his head.
Bankman- Fried, a former billionaire, has been charged with eight criminal charges after the collapse of FTX. He could face up to 115 years in prison if found guilty.
Shkreli, who was released from prison this year, told Laura Shin that he doesn't think Bankman- Fried will fit into prison.
Shkreli advised him to shave his head and to deepen his voice. Sam is going to have a lot of issues because he is a bit of an effeminate guy and his demeanor is not something that goes over well in prison.
These changes in prison could save you.
Shkreli said that he probably shouldn't say that he's from a certain place.
He said that people would rather hear him lie than hear the truth. Even if they know it's a lie, he should change his story because the rich white kid from a good neighborhood doesn't sound good.
He was released on $250 million bail after being extradited to New York.
He was ordered to give up his passport and stay with his parents until the trial. Bankman- Fried is expected to enter a plea on January 3 in New York.
The nickname "pharma bro" was given to Shkreli after he was criticized for hiking the price of Aids medication.
He was sentenced to 7 years in prison for securities fraud.
The US Bureau of Prisons told Insider that he was released from a Pennsylvania prison in May this year after only part of his seven-year sentence.
He was let go from the program.
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