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Cryptocurrency News Video

Why Did FTX Token FTT Spike 30% After Sam Bankman-Fried First Tweet in 2 Years? #cryptocurrency

Feb 25, 2025 at 07:25 am Aerhead Crypto

🔥 FTX Token (FTT) Surges 30% After Sam Bankman-Fried's First X Post in Two Years! 🔥 In a surprising twist, the native token of the defunct crypto exchange FTX (FTT) briefly spiked by 30%, climbing from $1.63 to over $2 📈 after former CEO Sam Bankman-Fried (SBF) made his first post on X since being sentenced to 25 years in prison for the collapse of FTX. Get Surge Flux: https://surgeflux.aerheads.co.uk TradingView - Best Trading Platform: https://surgeflux.cc/tradingview Trade on Bybit: https://www.aerheads.co.uk/bybit Trade on MEXC with lowest fees: https://www.aerheads.co.uk/mexc Trade without KYC From Any Country: https://www.aerheads.co.uk/weex 📝 In his Feb. 25 post, SBF shared some unexpected insights, sympathizing with government employees and reflecting on firing people as one of the hardest tasks in leadership. His comments were seemingly inspired by Elon Musk’s recent email campaign targeting unproductive government workers. 🚀 Despite no direct connection to FTT or crypto, SBF's post sparked a short-lived rally, pushing FTT prices up before they quickly retreated to $1.75 within 30 minutes. However, the token remains down over 97% from its all-time high of $85.02 in September 2021 ⚠️. 💡 Notably, this is SBF’s first public post since January 2023, when he last tweeted about his congressional testimony. Back then, FTT was trading around $2.50. Since his conviction on seven charges, including wire fraud and securities fraud, SBF has been serving his sentence at the Brooklyn Metropolitan Detention Center 🚔. 👀 There are whispers of a potential presidential pardon, with sources claiming SBF’s parents are exploring options through connections to the Trump administration. This comes after Donald Trump recently pardoned Silk Road founder Ross Ulbricht. What do you think? Is this just nostalgia driving FTT’s price, or could there be more to SBF's influence on the market? Let us know in the comments below! 💬 #Crypto #FTT #SamBankmanFried #X #CryptoMarkets #PardonWatch https://youtu.be/EsiOwdZJOWM
Video source:Youtube

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