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Sam Bankman-Fried's Cryptic Twitter Thread Leaves Internet Scratching Heads: What Is He Up To?

Published 15/11/2022, 11:25
© Reuters.  Sam Bankman-Fried's Cryptic Twitter Thread Leaves Internet Scratching Heads: What Is He Up To?

Benzinga - Investors are still paying close attention to Sam Bankman-Fried, known popularly as "SBF", even though he no longer serves as the CEO of FTX (CRYPTO: FTT) after its dramatic collapse.

He published two cryptic tweets over the weekend, the first reading “What” and the second “H.” On Monday, he tweeted “A,” “P,” “P,” and “E,” apparently beginning to spell out “What happened.”

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What Happened: Some investors are scratching their heads and making jokes about Sam's Twitter thread.

Bearica Wall, a Twitter user, said SBF is tweeting in slow motion and revoking previous tweets simultaneously in order to prevent bots from detecting it.

“He’s combing through his past tweets searching for incriminating statements and will only tweet the next letter in his fake thread as soon as he finds a tweet he needs to delete,” Wall tweeted.

However, another user was quick to point out that SBF has actually not been deleting tweets. “The reduction in tweet count has come from other accounts deleting tweets (mostly related to FTX/SBF) that Sam had retweeted.”

SBF, on the other hand, ended his bizarre thread, writing, "NOT LEGAL ADVICE. NOT FINANCIAL ADVICE. THIS IS ALL AS I REMEMBER IT, BUT MY MEMORY MIGHT BE FAULTY IN PARTS."

Price Action: FTX token is trading at $1.46 down 7.60% in the past 24 hours, according to Benzinga Pro.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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