The FTX Token (FTT), the native token of Crypto Exchange FTX, spiked 30% for a short time, as former FTX CEO Sam Bankman-Fry was featured on X for the first time in two years.
In his first post since he was sentenced 25 years later over the collapse of FTX, Bankmanfried said on February 25th. post He hadn't checked his emails within hundreds of days, so he also had a lot of sympathy for government officials.
sauce: Sam Bank Manfried
“Firing people is one of the hardest things in the world. For everyone involved, it sucks. More often, the problem is that the company isn't doing the right job for them.” he said.
“I will tell this to everyone we let go. I don't have the right role for them or have the right person to manage them or the right work environment for them. It was their fault.”
The former FTX CEO looked at it Recent Elon Musk's US Government Efficiency Email Campaign ask Government workers respond and lose their jobs last week with a list of things they were working on.
After SBF's posting, despite nothing concrete about Crypto Exchange FTX, FTT surged temporarily from $1.63 to $2 or more, representing an increase of about 30%. According to Go to COINMARKETCAP.
It was a short-lived rally, and the FTT quickly retreated to $1.75 within about 30 minutes.
Tokens exceeded 97% from a all-time high of $85.02, a hit on September 10, 2021, before the collapse of the FTX exchange in November 2021.
FTT has skyrocketed in value after former FTX CEO Sam Bankman-Fried posted to X for the first time in two years. sauce: coinmarketcap
The last time Bankman Fried was posted was about drafting a Congressional testimony on January 19, 2023, which had a token price of about $2.50.
He also retweeted a post from Crypto's attorney James Murphy on January 20th. Murphy was like that Discussion How the judge refused Daniel Friedberg, former Chief Regulation Officer of FTX, to testify through Zoom during the SBF trial.
Related: SBF is working with the Republicans in a generous push
Sam Bankman Fried's criminal trial concluded in November 2023 and was found guilty of seven counts including wire fraud, securities fraud and merchandise fraud. The SBF was sentenced to 25 years in prison on March 28, 2024, and is currently available at Brooklyn's metropolitan detention center. According to To the Prison Bureau Registration Bureau.
Anonymous source quotes Bloomberg News It has been reported On January 30, SBF parents Joseph Bankman and Barbara Fried were seeking pardon for their son's president, and met with lawyers and other people close to the Trump administration to determine whether tolerance was possible. .
US President Donald Trump recently forgives Silk Road founder Ross Ulbricht. Ross Ulbricht served 11 years from double life sentence for his involvement in the Dark Web Marketplace.
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