Sam Bankman-Fried completes the cryptic Twitter post
What will be the next letter? That’s what surprised the public when Sam Bankman-Fried, the former CEO of FTX, wrote a letter-by-letter cryptic message on Twitter. The last one is over, but we’re still not sure what he’s trying to communicate…
Sam Bankman-Fried concludes his post on Twitter
This has sparked public interest since yesterday – and some questions about Sam Bankman-Fried’s sanity. A message beginning with “What” was followed by several letters. Apparently tired of the game, the ex-CEO of FTX ended it with one blow: “What happened” is spelled out in letters (What happened / What happened):
10) [NOT LEGAL ADVICE. NOT FINANCIAL ADVICE. THIS IS ALL AS I REMEMBER IT, BUT MY MEMORY MIGHT BE FAULTY IN PARTS.]
— SBF (@SBF_FTX) November 15, 2022
It all ends with a legal disclaimer:
“This is not legal or financial advice. That’s what I remember, though my memory may be partially faulty.»
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What Twitter users are most questioning is what motivated SBF to write this message, his empire is crumbling. Asked by the New York Times on Sunday evening, the man simply replied:
“I improvise. I think now is the right time to do it.»
Really? You may wonder about Sam Bankman-Fried’s motivations, while a New York Times article exposes many flaws in FTX management. Former CEO thus acknowledging the murky relationship between Alameda Research and FTXlent billions of dollars in client funds to the stock exchange investment firm.
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The tweets were deleted by Sam Bankman-Fried
Some have suggested that SBF’s rants served to distract from several tweets that were deleted after the FTX case broke. Tie Terminal has compiled a list of these and it can now be seen in the archive. Given what we know now, the tweets show that Sam Bankman-Fried repeatedly lied to his community.
We have archived @SBF_FTX‘s tweets over the past year. Due to the recent bankruptcy and growing concern about his account activity, we have decided to publish a list of the 118 followed tweets that have been deleted since they were posted.https://t.co/ts04Mbvv1z
— The Tie (@TheTieIO) November 15, 2022
On November 11, at the beginning of the crisis, he said:
“FTX is doing well, assets are doing well. FTX is enough [de liquidités] to cover all customer funds. We do not invest in client assets.»
Recently, he is still nicknamed “the most generous billionaire” covered his tracks well. According to the report, the only people who knew about Alameda Research’s debts were Alameda Research CEO and Sam Bankman-Fried’s ex-girlfriend Caroline Edison, FTX chief engineer Nishad Singh, and CTO Gary Wang.
This relationship therefore reveals more and more gaps between the character of Sam Bankman-Fried and his actual actions. It is not known where the former billionaire is now. who will definitely face legal punishment. The FTX work is therefore far from over.
? Read – Kraken freezes all accounts belonging to FTX and Alameda Research
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Source: The New York Times – Photo: FTX
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