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Joseph is a content writer and editor who has actively participated in crypto for over 6 years. He enjoys educating others about Web3 and covering its updates, regulatory developments, and exciting stories.
FTX founder Sam Bankman-Fried (SBF) has re-emerged in the spotlight, breaking his two-year-long social media silence. Interestingly, his latest comments come after reports that his parents are looking for ways to secure a pardon for him from the new American President, Donald Trump.
On Tuesday, February 25, the FTT token jumped 30% in response to SBF breaking his social media silence. The token reached its daily high of $2.1 before dropping back to $1.6. This is because SBF is taking to social media for the first time since January 2023.
“I have a lot of sympathy for gov’t employees— I, too, have not checked my email for the past few (hundred) days,” SBF stated, referencing the latest firings of public employees under the Trump administration.
1) I have a lot of sympathy for gov’t employees: I, too, have not checked my email for the past few (hundred) days
And I can confirm that being unemployed is a lot less relaxing than it looks
Although one might expect criticism, the posts were instead supportive of Trump’s policies. While he acknowledged that firing people is “one of the hardest things to do,” he still believed it is usually correct to let some people go.
“There’s no point in keeping them around, doing nothing,” SBF explained.
The sentiment echoes similar pro-Trump statements in his latest interview last week. In the interview, SBF expressed his disagreement with Biden’s policies on crypto, calling them “incredibly destructive” while also stating that Republicans have been more reasonable.
The interview and the social media remarks come after news of SBF’s parents allegedly trying to secure a presidential pardon for their son. In late January, Joseph Bankman and Barbara Fried met with several lawyers and others from Trump’s circle, allegedly discussing a potential pardon. SBF is currently serving 25 years in jail.
Scammers Impersonate SBF
The narrative about SBF’s pardon was even picked up by crypto scammers. One scammer who impersonated SBF thanked Trump for a supposed pardon he received before promoting a scam token. The account was verified on X as a government entity, leading to questions about how that was possible.
One user later solved the verification mystery. They revealed that hackers stole an account from a local government in Italy and renamed it Sam Bankman-Fried. Later, the account reverted to its original name, but the posts that the hacker wrote are still up.
