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Sam Bankman-Fried’s verified X account surprised crypto watchers Tuesday night with a post reading simply “gm,” despite the disgraced FTX founder currently serving a 25-year sentence in a federal prison.
What’s the Scoop?
- Prison tweet controversy: While U.S. inmates are barred from social media, the post was published from SBF’s verified account and quickly amassed millions of views. A follow-up clarified the message was sent by a friend on his behalf.
- FTT pumps hard: FTX’s native token, FTT, jumped 30% after the tweet, but retraced half of its gains in the hours that followed.
- Creditor distribution looms: The estate plans to distribute $1.6B to verified claimants by September 30 in its third major payout round.
- Clawback suit filed: The FTX estate recently sued
Bitcoin mining firm Genesis Digital for $1.1B, alleging preferential payments in the run-up to the exchange’s bankruptcy.
gm
— SBF (@SBF_FTX) September 23, 2025
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