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…

https://cryptoast.fr/sam-bankman-fried-mysterious-message-twitter/

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):

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.»

? LIVE – Watch the FTX deal in real time

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.

? Find the portrait of FTX CEO Sam Bankman-Fried

French crypto wallet unicorn ?

A complete cryptocurrency experience from purchase to provisioning

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.

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

Join the Experts and Premium Community

PRO

Invest in your crypto knowledge for the next bullrun

toaster icon

Source: The New York Times – Photo: FTX

Newsletter ?

Get a roundup of cryptocurrency news every Monday by email ?

What you need to know about affiliate links. This page presents assets, products or services related to investments. Some of the links in this article are affiliate. This means that if you buy a product from this article or register on the site, our partner pays us a commission. This allows you to continue to offer original and useful content. There is no impact on you and you can even get a bonus using our links.

Investing in cryptocurrencies is risky. Cryptoast is not responsible for the quality of the products or services provided on this page and is not responsible, directly or indirectly, for any damage or loss resulting from the use of the goods or services highlighted in this article. Investments involving cryptoassets are inherently risky, readers should do their own research before taking any action and should only invest within their financial means. This article is not investment advice.

Leave a Reply

Your email address will not be published. Required fields are marked *