Big news in the crypto world! Sam Bankman-Fried (SBF), the former boss of the FTX cryptocurrency exchange, tweeted for the first time in two years! He's in prison for fraud, but his tweets caused a stir. This is a story about how even news from prison can impact cryptocurrency prices.
- SBF's tweets talked about firing people from jobs.
- His tweets caused the FTX token (FTT) to briefly jump in price, from about $1.55 to $2.07, before going back down.
- It's unclear who actually posted the tweets from his account.
- A fake account claiming to be SBF also appeared, causing more activity in another cryptocurrency.
| Cryptocurrency | Price Change |
|---|---|
| FTT (FTX token) | Brief spike from $1.55 to $2.07, then back down to around $1.78 |
