Overview

• Sam Bankman-Fried, serving a 25-year prison sentence for fraud, posted on X for the first time in over two years through a proxy.
• His 10-tweet thread offered reflections on layoffs, expressing sympathy for government employees and emphasizing the challenges of firing staff.
• The posts referenced Elon Musk's directive requiring federal employees to report weekly accomplishments or face termination, a controversial push for workforce efficiency.
• Bankman-Fried's tweets coincided with a brief 30% spike in the value of FTX's token, FTT, though the token's price later stabilized.
• It remains unclear how Bankman-Fried's posts were published, as inmates typically lack direct access to social media.