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[Sam Bankman-Fried: Maintains Innocence, Plans to Issue New Token After Release] According to *New York* magazine, FTX founder Sam Bankman-Fried, currently serving time at the Lompoc Federal Prison in California, maintains his innocence and is defending his case. Sam Bankman-Fried stated that he would need $50 million to $100 million in startup funds to establish a business after his release and plans to issue a new token.