Sam Bankman-Fried, the co-founder of the now collapsed FTX, just sent his first tweet in two years. And this seemingly random tweet caused the price of the FTT coin-the native token of the collapse exchange- to shoot up by 30%.

On February 25, Bankman-Fried posted a on his X, joking that he has not checked his email for the past hundred days, stating that his situation is very similar to government employees who are currently facing layoffs.

Bankman-Fried's casual dig at DOGE

His posts have stirred intrigue, especially from those within the crypto industry who have watched his every move since FTX's infamous downfall in late 2022.

Some speculates that this dig is possibly a shot at the new government organisation, led by billionaire Elon Musk. Last week, Musk issued a direct challenge to federal employees, demanding they justify their weekly work accomplishments via email. The failure to respond will be taken as a resignation, Musk wrote on his social media on Saturday.

Musk's directive, which came with a stern ultimatum, spurred federal employees into action, although some, like FBI Director Kash Patel, have urged their staff to hold off on responding.

The department of Government Efficiency is also reportedly exploring the use of artificial intelligence to assess the responses of federal employees.

Bankman-Fried added that layoffs is a lose-lose situation, and it is often a sign of the failure of management rather than the employees themselves. He stressed that terminations are often a result of the company failure to find the right job for their employees, despite their qualifications.

"Firing people is one of the hardest things to do in the world. It sucks for everyone involved."

Temporary surge in the price of FTT token

While the tweet has nothing to do with FTX or its ongoing bankruptcy proceedings, it has caused an immediately impacted the token’s price. According to CoinGecko data, FTT spiked from $1.63 to $2.03 within minutes before quickly retracting to $1.72.

Despite the brief rally, FTT remains down over 97% from its all-time high of $85.02 in September 2021, before FTX’s dramatic collapse.

This marked Bankman-Fried’s first public statement since January 2023, when he posted about his drafted congressional testimony. Meanwhile, his legal troubles continue, with FTX’s bankruptcy case still ongoing and creditors awaiting repayments.

Bankman-Fried first interview in prison

Bankman-Fried's sudden reappearance on X has raised questions about how he is managing his account at the

Brooklyn Metropolitan Detention Center, where he is serving a 25-year sentence for orchestrating a major crypto scam.

Bankman-Fried recently expressed hope for a presidential pardon in his first interview from jail. At the same time, his parents, Stanford Law professors Joseph Bankman and Barbara Fried, are seeking a presidential pardon for their son.

According to a Bloomberg report from January 30, SBF’s parents have met with lawyers and individuals connected to Donald Trump’s administration to explore a possible clemency deal.

During the interview, Bankman-Fried also criticized the Biden administration and portrayed his conviction as part of a "prosecutorial overreach" during Biden's presidency.