Sam Bankman-Fried, founder and former CEO of the now bankrupt FTX exchange, has created a strange Twitter thread that has caught the attention of the crypto community since yesterday. Here are the details…
FTX CEO’s weird tweets draw attention
Sam Bankman-Fried, CEO of the now bankrupt FTX, tweeted several letters or numbers only. Today, he added to the end of his tweets, “They’re all like that as far as I remember, but I may be misremembering some of them.” The one-letter tweets he sent before that, when combined, appear as “What HAPPENED”. The New York Times was asked about his cryptic tweets in an interview with Sam Bankman-Fried on November 14. “I’m improvising,” said Bankman-Fried, and the tweet thread “will be more than a word.” When asked why, he said “I don’t know” and said “I improvise. I think it’s time,” he said.
He apparently refused to explain further. Meanwhile, it is rumored that he posted the tweets in question to distract attention from other tweets he deleted. Some think that SBF is sending a cryptographic message, while others say that SBF is facing mental collapse. Crypto analytics platform The Tie shared a document on November 15 showing that Bankman-Fried deleted at least 118 tweets in the past year. The Tie used the following statements:
We archived SBF’s tweets from last year. Due to its recent bankruptcy and growing concern about account activity, we have decided to publish a list of 118 watched tweets that were deleted after publication.
This list is not guaranteed to be exhaustive/perfect. SBF account was pulled every ~15min.
Specifically, this means that any tweet posted inside of the 15 minute window may not have been caught.
— The Tie (@TheTieIO) November 15, 2022
CEO commented on Binance CEO
“Things could have been so much worse,” the SBF said in the interview. He also revealed that Alameda’s leveraged positions are more than he thought. Therefore, he explained that the risk of loss is greater. He stated that he is very focused on the growth of FTX rather than Alameda, moving away from the things that really need attention. “We grew so fast,” said SBF, that while he wanted to fulfill his promises, he stopped being interested in his real job.
The New York Times said that alarm bells have been ringing for FTX for some time, anonymous sources reported. Other employees at FTX thought so, too. However, employees stated that SBF’s ambition came before everything else. On the other hand, the publication suggested that “political talks” underlie what happened with Binance CEO Changpeng Zhao. As it is known, it turned out that the CEO of FTX made large donations to political efforts in the USA. According to the New York Times, the CEO began to criticize Changpeng Zhao for his influence in his political circle.
“It wasn’t right to do that,” the SBF said when asked about this in the interview. He stated that he was angry because of things that were not true for him, but that it was wrong for him to express this. “People say what they want,” said Sam Bankman-Fried, on the other hand. “They can say whatever they want on Twitter, but what matters to me is what I do and what I will do,” she said.
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