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Michael Cohen’s Prison Badge Will Be Sold As an NFT

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Michael Cohen is taking his time spent in federal prison and turning it into cold, hard cryptocurrency.

The former fixer for President Donald Trump teamed up with the platform ArtGrails to create some non-fungible tokens out of items from his life behind bars, all of which will be put on display this week during Art Basel, according to Page Six. One of the NFTs includes a portion of Cohen’s handwritten manuscript for his memoir Disloyal, which he wrote while he was incarcerated in New York’s Otisville correctional institution. There’s also an NFT of a video of Cohen working on the beginning of his memoir in his holding cell filmed, according to ArtGrails, by an “unnamed colleague” just before the disbarred lawyer was released to his Park Avenue apartment to serve out the rest of his sentence. Cohen’s prison badge is also being offered as an NFT up for sale later this month.

A VIP party hosted by ArtGrails in Miami’s design district on December 3 will feature a live video appearance by Cohen who will read aloud from his manuscript and answer a few audience questions. Bidding on Cohen’s Disloyal-related NFTs begins on Wednesday on the ArtGrails website, and the prison badge NFTs will be available for sale beginning Dec. 12. All of the works will also be exhibited at a pop-up show in Miami beginning on Wednesday and running until December 12.

Avery Andon, an art consultant and one of the founders of ArtGrails told Page Six, “Most political figures have shied away from NFTs so far — but you will see it becoming more pervasive with politics.” Cohen also explained to the outlet that this project, “merges art, technology and politics all into one,” and he has further “documents which people will claim are of a historical nature” that he plans to release as NFTs in the near future. He added, “The goal is to create a political NFT scenario that is obviously historically relevant.” In December 2018, Cohen was sentenced to three years in prison for tax fraud and other charges. He was released to house arrest in May 2020 due to concerns over COVID-19. He recently completed his time and is now under supervised release.

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