Sam Bankman Fried, the jailed founder of the FTX exchange, caused a stir in the crypto community by tweeting from prison for the first time.
The former crypto billionaire, serving a 25-year jail sentence, shared some posts on his verified X page, making a case for government employees getting laid off under Donald Trump’s orders.
SBF shared that he sympathizes with Government Employees who are getting laid off while stating that the fault is not always theirs but rather that of their employees for not finding the best way to use them.
He reflected on his time at FTX and how he handled the sensitive nature of laying off workers by telling them the fault wasn’t on their end.
“ Firing people is one of the hardest things to do in the world. It sucks for everyone involved. My experience:
“ a) it is usually not the employee’s fault that they got fired,
b) it is usually correct to let them go anyway
More often, the problem is that the company doesn’t have the right job for them.
I’d tell everyone we let go that it was as much our fault for not having the right role for them, or the right person to manage them, or the right work environment for them. SBF said.
The convicted Crypto founder raised some dust for his comments, with a huge portion of the X community wondering how he is tweeting from Prison.
The thread has garnered nearly 6,000 likes at the time of the report, indicating that the disgraced FTX founder still has some influence in the industry despite his legal woes.
Seeking A Pardon?
SBF’s latest public comments have spurred speculations that the FTX boss is seeking a presidential pardon from the Trump administration.
However, as of the time of the report, SBF has not made any official attempt to move in that direction.
Recent reports indicate that his parents, Joseph Bankman and Barbara Fried, have been actively exploring options to secure a presidential pardon for their son from President Donald Trump.
The distraught parents have engaged with lawyers and individuals close to Trump’s circle to discuss clemency for Sam.
Donald Trump last month pardoned Silk Road founder Ross Ulbricht, who was jailed for starting one of the largest dark web marketplaces ever to exist.
The SBF camp argues that SBF’s sentencing was slightly too harsh and had a slight political undertone.
Another case they faced was that FTX victims started recovering their funds from the exchange slowly but efficiently.
The FTX exchange collapsed in 2022 after it failed to fulfill withdrawal requests by its users, who panicked over a leaked document revealing the exchange’s terrible financial shape.
