“Good Morning” from Jail? Sam Bankman-Fried’s Unexpected X Account Return Sends FTT Soaring 60%!

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Well, well, well. It seems that even the walls of a federal prison can’t keep Sam Bankman-Fried (aka SBF, former FTX CEO and self-proclaimed king of the crypto jungle) away from social media for too long. On Tuesday, after months of silence (we’re talking absolute radio silence here, like a monk in a remote cave), SBF’s X account came to life. And what did it say, you ask? A cryptic, yet somehow delightful ‘gm’-that’s “good morning” for the uninitiated. How utterly fitting for someone currently enjoying a 25-year all-inclusive vacation in the lovely confines of the U.S. federal penitentiary system. 😜

gm

– SBF (@SBF_FTX) September 23, 2025

Now, before you think “wow, is he running his Twitter account with a secret prison phone?”, let’s add some plot twists. SBF’s bio reads: “SBF’s words (mostly). Shared by a friend.” Yes, yes, a friend. A very *trustworthy* friend who presumably has access to all the best internet cafes and a top-notch VPN, because let’s be real-Bankman-Fried’s behind bars and isn’t supposed to be messing with any electronic devices that aren’t prison-approved. 🔒

About three hours later (you know, to keep us all on edge), the account followed up with a slightly suspicious post saying, “Hey, a friend is posting on my behalf.” Uh-huh, sure. It’s just like when someone says, “Oh, my dog ate my homework!” Sure, Sam. We believe you. 🤥

Prison restrictions? Pfft, minor details…

Let’s be clear-Sam Bankman-Fried is no longer the CEO of FTX (that’s now a title held by, well, no one in particular, since the exchange crashed faster than a bad altcoin). He was convicted last year of fraud and conspiracy for what can only be described as the biggest “oopsie” in the history of finance. After some time in the Metropolitan Detention Center in Brooklyn (probably not the type of ‘luxury living’ SBF envisioned), he was transferred to the Federal Correctional Institution at Terminal Island in Los Angeles in April. The restrictions there are tight. Like, “we’re watching every text message you send” tight. There’s no access to the internet, and possessing a contraband phone would get you a one-way ticket to a much less comfortable cell. 🕵️‍♂️

FTT Soars Because… Sam Said ‘gm’?

But back to that lovely, cheerful “gm” post. You’d think it was the first sign of a crypto revolution, the way FTT, the token once tied to the now-defunct FTX exchange, rocketed up in price. In mere hours, FTT jumped 60%, from $0.82 to a whopping $1.3. That’s right, folks. A good ol’ prison post got people excited. 🙄

TradingView had its own little heart attack, showing FTT later dropping a little to $0.989. But let’s be honest-it’s all about speculation. FTT may not even have a real function anymore, but it sure does a great job of making people “buy the dip” and panic-sell, because who doesn’t love a good rollercoaster ride in the crypto market? 🎢

Meanwhile, FTX’s legal drama continues to unfold. The FTX Recovery Trust recently sued Genesis Digital for a cool $1.15 billion (oh, and don’t forget-$1.6 billion is about to be handed out to creditors by the end of September). So, if you thought SBF’s prison antics were over, think again. The crypto world is still buzzing from his shenanigans, even if he’s currently living out his “Get Out of Jail Free” card on social media. 🏛️

As if anyone needed another reason to stay glued to their screens… 🙄

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2025-09-24 10:57