FTT noticed a surge in worth following a random publish to the X account of disgraced FTX founder Sam Bankman-Fried on September 23.
Sam Bankman-Fried Surprises With X Submit
Within the Tuesday night time X publish, the one-time king of crypto posted a easy “gm” (quick for good morning) on his social media feed.
gm
— SBF (@SBF_FTX) September 23, 2025
In accordance with information from CoinGecko, the native FTX token was up over 18% up to now 24 hours as of Wednesday morning.
The transfer raised eyebrows from the crypto group at giant, provided that federal inmates posting on social media is broadly prohibited.
Nevertheless, in a reply to the X publish a couple of hours later, the particular person behind the message alleged that he was not Bankman-Fried.
“No, SBF is just not posting himself from jail,” the X publish learn. “I’m a buddy posting on his behalf.”
SBF Lawyer Tapped in Excessive-Profile Case
Information 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 towards his former co-star, Blake Vigorous.
Shapiro is representing Bankman-Fried as he appeals his November 2023 conviction on seven fraud and conspiracy expenses tied to FTX’s gorgeous 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 docket of Appeals for the Second Circuit in New York. Nevertheless, with traditionally low acquittal charges for federal inmates, he faces an uphill authorized battle.
The publish FTT Surges As Sam Bankman-Fried’s X Account Posts Good Morning Message appeared first on Cryptonews.