FTT Token Surges Briefly After Sam Bankman-Fried’s Tweets
- Sam Bankman-Fried, former FTX CEO, tweeted for the first time in two years.
- Bankman-Fried is serving a 25-year sentence for fraud and conspiracy since November 2023.
- The FTT token spiked from $1.55 to $2.07 after his tweets, later settling at $1.78.
- Tweets discussed layoffs and referenced Elon Musk’s federal employee email directive.
- A separate account falsely claimed Bankman-Fried received a pardon from Trump.
Following Sam Bankman-Fried’s unexpected tweets, the FTT token saw a temporary price increase, highlighting the ongoing influence of the former CEO despite his incarceration. The tweets also touched on current events involving federal employees and layoffs.
Source (2.6)https://www.coindesk.com/policy/2025/02/24/ftt-briefly-spikes-after-sam-bankman-fried-tweets-for-first-time-in-2-years?rand=52298
