FTX founder Sam Bankman-Fried has taken on the role of a legal advisor while serving his sentence in a California prison. He is assisting fellow inmates, including former Honduran President Juan Orlando Hernández and Sean Combs, by providing legal guidance. Bankman-Fried has criticized the quality of federal defense, stating that he is addressing a gap left by overburdened lawyers. Despite his incarceration, Bankman-Fried continues to pursue legal avenues for his own case, including appeals and a potential presidential pardon. His involvement in legal aid within the prison system could have implications for broader efforts in Countering the Financing of Terrorism and may influence investor sentiment towards risk-on assets.