Sam Bankman-Fried (SBF), the disgraced founder of FTX, is floating plans to launch a new crypto token after his release from prison. The former crypto magnate is currently serving a 25-year sentence after the catastrophic collapse of his exchange.

Here is what SBF reportedly said, why experts strongly dismiss the plan, and how the crypto community is now reacting.

SBF Has Ambitious Plans After Prison

SBF shared his future plans during a recent conversation with former inmate David Bunevacz. The revelation was later detailed in a New York Magazine feature. According to the report, his main goal is to return to the tech business right after his release from prison.

“Maybe he was joking, and probably no one will flock…