SBF Posts First Tweet From Prison

Sam Bankman-Fried (SBF) broke his silence with a post on 25 February, his first since being sentenced to 25 years in prison for the FTX collapse.

In the lengthy message, he expressed sympathy for government employees, humourously noting that he had not checked his email in several hundred days.

He shared his views on layoffs and job cuts, explaining that terminations often occur not due to an employee’s qualifications but because a company no longer has the right role for them.

In a broader context, SBF aligned himself with the Trump administration’s recent push to fire thousands of federal workers, a move that has intensified under the current White House, especially within government agencies and defense sectors.

His remarks appeared to echo recent efforts by Elon Musk’s Department of Government Efficiency (D.O.G.E), which has been demanding that federal workers provide detailed reports of their weekly tasks or face job loss.

FTT’s Short-Lived Rally

FTX Token (FTT), the native cryptocurrency of the FTX exchange, experienced a brief surge of 30% following a post by SBF on X (formerly known as Twitter) — his first in two years.

Although the post had no direct connection to the exchange itself, FTT’s price spiked from $1.63 to over $2, as reported by CoinMarketCap, before quickly retreating to $1.75 within about 30 minutes.

Despite this short-lived rally, FTT remains down over 97% from its all-time high of $85.02, reached on 10 September 2021, just before the FTX collapse in November 2022.

SBF’s last post prior to this was on 20 January 2023, when FTT was valued at approximately $2.50, coinciding with his draft congressional testimony.

Crypto Twitter Slams SBF’s Post

SBF’s recent posts have sparked significant attention, particularly within the crypto community, where his every move has been closely scrutinised since the collapse of FTX in late 2022.

Crypto Twitter erupted almost immediately, with users questioning how he managed to access the platform—speculating whether he had a smuggled phone or if someone posted on his behalf.

One user asked:

“How did this guy get a phone?”

Another wrote:

“You stole billions of dollars from people, nobody cares at all what you have to say.”