It all started with a “What” on Twitter on Monday from Sam Bankman-Fried, the former CEO of cryptocurrency exchange FTX. The more Sam Bankman-Fried wrote single-letter tweets, the more Crypto Twitter exploded in anger.
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He told The New York Times that he was going to send out a string of mysterious tweets during their conversation. Upon being questioned as to why, Sam Bankman-Fried simply said, “I don’t know. Currently, I’m just making everything up as I go along. The time has come, in my opinion.
Sam Bankman-Fried Suggests His Memory Could Be Fallible
Sam Bankman-Fried, who ended his Twitter thread on November 15 with the word “What HAPPENED,” tweeted later that day that his memory might be failing him.
Disclaimer: this is not legal counsel. This is not monetary counsel. It’s all I can recall, though some of it could be wrong.
As the prosecution gets ready to prove Sam Bankman-criminal Fried’s responsibility, there is speculation that he will try to use an insanity or mental condition defence. The SEC, DOJ, and CFTC are all looking into Sam Bankman-Fried, the demise of FTX, and the company’s connections to Alameda Research.
Claimed that Sam Bankman-Fried
Moreover, it has been claimed that Sam Bankman-Fried, in an effort to evade detection as a bot tracker, artificially inflated his overall number of tweets by posting new ones. But the authorities and the public both know that he erased tweets in which he claimed that FTX and its assets were perfectly fine. In light of the bankruptcy filing, certain data and analytics services have managed FTX and SBF tweets.
Prominent members of the crypto:
Many prominent members of the crypto community on Twitter have criticised Sam Bankman-Fried, with many agreeing that he is intentionally tweeting in order to use mental insanity as an alibi.
Multiple FTX addresses in both FTX and FTX US are still sending crypto tokens to the FTX Drainer address 0x59A…32b, according to a report by blockchain security firm CertiK. There is almost $62 million in cryptocurrencies stored at FTX Drainer Address.
Source: Google Trend