FTT Surges As Sam Bankman-Fried’s X Account Posts Good Morning Message
FTT noticed a surge in worth following a random put up to the X account of disgraced FTX founder Sam Bankman-Fried on September 23.
Sam Bankman-Fried Surprises With X Post
In the Tuesday evening X put up, the one-time king of crypto posted a easy “gm” (quick for good morning) on his social media feed.
According to data from CoinGecko, the native FTX token was up over 18% prior to now 24 hours as of Wednesday morning.
The transfer raised eyebrows from the crypto community at massive, provided that federal inmates posting on social media is extensively prohibited.
However, in a reply to the X put up just a few hours later, the particular person behind the message alleged that he was not Bankman-Fried.
“No, SBF isn’t posting himself from jail,” the X put up learn. “I’m a pal posting on his behalf.”
SBF Lawyer Tapped in High-Profile Case
News of Bankman-Fried’s social media resurgence got here simply days after it was revealed that “It Ends With Us” director Justin Baldoni introduced on the previous crypto kingpin’s lawyer, Alexandra Shapiro, in his high-profile case in opposition to his former co-star, Blake Lively.
Shapiro is representing Bankman-Fried as he appeals his November 2023 conviction on seven fraud and conspiracy expenses tied to FTX’s beautiful collapse in 2022.
The appellate legal professional additionally represented Sean “Diddy” Combs forward of his July 2025 partial acquittal of racketeering and intercourse trafficking expenses.
Bankman-Fried has been held in federal jail since 2023 and was sentenced to 25 years behind bars. The MIT graduate has additionally been ordered to pay $11 billion in restitution and charges for defrauding traders in his crypto alternate.
Oral arguments for Bankman-Fried’s attraction are scheduled for November 4 on the U.S. Court of Appeals for the Second Circuit in New York. However, with traditionally low acquittal charges for federal inmates, he faces an uphill authorized battle.
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