Michael Cohen spoke to the media before he left for prison.
Spencer Platt is a photographer.
Michael Cohen, who was Donald Trump's personal attorney for more than a decade, is getting into the booming NFT market by selling digital representations of the badge he wore in federal prison while serving time for tax evasion and other crimes.
A statement about Cohen's venture into the world of nonfungible token arrived a little more than a week after Cohen was released from prison. Cohen is working with ArtGrails to host his auction.
Cohen's collection will include a set of NFTs from Otisville Prison in New York. The badges will be sold on the platform on December 12. Cohen reported to the Otisville Prison in May of 2019.
A handwritten page from Cohen's 2020 memoir "Disloyal" will be included in an NFT that goes up for bid on Wednesday. He was serving at Otisville when he wrote the page. "Disloyal," a memoir of his time as Trump's so-called "fixer" was published in 2020. The NFT was going to be displayed at Miami Arti week.
Cohen wrote the first pages of his memoir from his holding cell in a never-before-seen video. The winner of the auction will get the original manuscript and video.
"Integrating an NFT into the release of these one-of-a-kind physical items not only validates them using blockchain technology, but it also gave us the ability to incorporate some creativity into the release," ArtGrails founder, Avery Andon said in the statement.
Cohen was released from house arrest in Manhattan on November 22. He joins a number of high-profile people and companies who have released NFTs in what has grown into a hot segment of the broader $1.1 trillion criptocurrency market. In March of this year, a digital collection of work from artist Beeple sold for a record $69 million, highlighting a notable 2021.
Cohen told reporters last week that he's under three years of supervised release.
Business Insider has an original article.
