The token associated with Defunct Crypto Exchange FTX climbed briefly on Monday evening after Sam Bankman Frit, the founder and CEO of OneTime of the platform tweeted for the first time in two years.
Bankman Fried, who was sentenced for seven chiefs of different fraud and conspiracy in November 2023, purges a sentence of 25 years in prison. He is currently detained at the Metropolitan Detention Center in Brooklyn while his lawyers work by calling for his conviction. However, his account on X (formerly Twitter) published a 10 tweet thread on layoffs, apparently referring to the thrust of Elon Musk so that federal employees send an email to their work activities last week or risk resigning.
“I have a lot of sympathy for [government] Employees: I too did not check my email in the last (one hundred) days, “its wire started. FTT, the token associated with FTX, has briefly increased by about $ 1.55 to 2 , $ 07 after his tweets before falling back to around $ 1.78, according to Coingecko.
2) The dismissal of people is one of the most difficult things to do in the world. It fears for all those involved.
My experience:
a) It is generally not the fault of the employee that they were dismissed
b) It is generally correct to let them go anyway– SBF (@SBF_FTX) February 25, 2025
Bankman Fried has no direct access to sites like X or by e-mail, but can send messages via the Corrlinks system, which allows prisoners of the United States to communicate with the others, confirmed a familiar person .
It was not immediately clear that could publish the tweets on behalf of Bankman Fried.
During the weekend, Musk, who, according to court documents, is a special government employee, tweeted that federal employees should say in the staff and management office what they did last week, a non-response being considered as a resignation. While some federal agency heads or other leaders have told their employees not to respond, others have said that their employees should respond.
This is another step in Musk’s efforts to dismiss large bands of the federal workforce at the request of US President Donald Trump.
Bankman Fried’s tweets have referred to the layoffs and detailed circumstances that may lead an employer to dismiss employees.
5) Maybe we really had no one free to manage them right away. Maybe they worked better, but our company has communicated in person. Maybe they wanted to work on a particular project, and that was simply not what the company needed.
– SBF (@SBF_FTX) February 25, 2025
“It is not the fault of the employee, when this happens. It is not their fault if their employer does not really know what to do with it, or really has no one to manage them effectively. This n ‘is not their fault if internal policy leads its department to lose its way, “said the thread.
After the tweets of Bankman Fried, another X account asserting without evidence that he has linked a contract address, saying that he had received a forgiveness from Trump and now works for Doge, the government entity which could or not be directed by Elon Musk. The linked token experienced an immediate volume of trading, according to data on the chain. The new apparently false account has a label saying “is a government or multilateral account”, which suggests that a government agency account may have been compromised and renowned.
Read more: private jets, political species among $ 1 billion in the lost assets of Sam Bankman: Court
Update (February 25, 2025, 04:05 UTC): Add information on the SBF_DOGE account.
