Sam Bankman-Fried posts on X, FTX token soars 30%

Sam Bankman Fried, FTX’s disgrace founder, posted for the first time for the first time in two years, triggering a 30% peak in the price of FTT, the native token of the Stock Exchange.

In his article on February 25, Freed Bankman joked by saying that he had not checked his emails for hundreds of days, making a comparison with government employees faced with layoffs. SBF may refer to an email campaign from the US government’s efficiency that forced federal employees to justify their roles.

“People’s dismissal is one of the most difficult things to do in the world. This fears for all those involved, “he wrote, adding that layoffs are often a failure of management rather than employees themselves.

While the post had nothing to do with FTX (Ftt) or its bankruptcy procedure, it immediately had an impact data de Coingecko.

However, the rally was short-lived, FTT withdrawing at $ 1.72 in half an hour. The token is down more than 97% compared to its summit of $ 85.02, recorded in September 2021 before the collapse of FTX.

It was the first public declaration of SBF since January 2023, when he published on his testimony to the written congress. His legal battles have continued, the bankruptcy of FTX case Still in progress and creditors awaiting reimbursement.

The position intervenes in the middle of speculation according to which his parents, the law professors of Stanford Joseph Bankman and Barbara Fried, are looking for a presidential forgiveness for their son. Bloomberg reported On January 30, SBF’s parents had met lawyers and individuals related to Donald Trump’s administration to explore a possible leniency agreement.

SBF received a 25 -year -old prison sentence In March 2024, after being found guilty of numerous fraud and conspiracy leaders. While his conviction is underway contested In court, he is currently serving his sentence at the Brooklyn metropolitan detention center.