Sam Bankman-Fried’s Return to Social Media
Sam Bankman-Fried, the founder of FTX, posted on X (formerly Twitter) for the first time in over two years, on February 21, 2025. The tweet criticized the U.S. government for recent layoffs and sparked significant market reaction, pushing the price of FTX’s FTT token up by 30% in a matter of hours.
FTT Token’s Price Surge
The unexpected post caused FTT’s price to spike from $1.60 to $2.07, as traders jumped to capitalize on the sudden attention. The post caught many by surprise, raising speculation about Bankman-Fried's future plans, including the potential for a presidential pardon.
Speculation About Bankman-Fried’s Legal Strategy
Bankman-Fried’s tweet has ignited discussions about whether a presidential pardon might be in the works, with former President Donald Trump previously voicing support for him. Although his legal team continues to appeal his conviction, this move adds to the mystery surrounding his strategy.
