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Sam Bankman-Fried’s social media account sprang to life this week with a one-word post that took many crypto investors by surprise.
The verified X account of the disgraced FTX founder unexpectedly tweeted **“gm”**, leaving many followers stunned and questioning whether Bankman-Fried himself was back online or even out of custody.
### Mystery “gm” Post Causes Confusion
The brief “gm” post was the first activity on Bankman-Fried’s X account in months. It appeared out of the blue late Tuesday, catching many off guard since the account had been largely dormant since 2023.
Coming from an individual who was convicted just months ago on multiple fraud and conspiracy charges, the seemingly cheerful greeting struck an odd tone.
The post quickly garnered millions of impressions and took everyone by surprise. More importantly, it caused the price of the FTT token to surge by over 45% within a few hours, pushing its value to $1.15 — the first time FTT had broken above this mark in over three months.
Aside from the price reaction, the post immediately raised questions about whether Bankman-Fried had somehow regained internet access or even been quietly released.
### Official Word: Bankman-Fried Still Behind Bars
Clues about the post’s origin surfaced shortly after. A new disclosure appeared in the account’s bio line: **“SBF’s words (mostly).”** The account explicitly addressed the doubts, clarifying, “No, SBF is not posting himself from prison. I’m a friend posting on his behalf.”
In other words, the message was physically posted by someone else outside prison walls.
It remains unclear if the incarcerated ex-billionaire communicated the decision to post the cheerful “gm” or approved the message. However, the clarification confirms he is still behind bars despite this online activity.
### Reactions From Crypto Community
The post and its fallout drew comments from prominent voices on Crypto Twitter.
On-chain investigator ZachXBT delivered a scathing reply, declaring that Bankman-Fried deserves zero human rights given the immense harm caused by FTX’s collapse. (The comment was later deleted.)
Arthur Hayes, co-founder of BitMEX, joked, “Wen memecoin?” — a playful jab at how a simple greeting from the jailed founder could spark such a frenzy.
This unusual social media moment is not without precedent. This is the second time Bankman-Fried’s account has been reactivated during his incarceration. A similar surprise tweet was posted in February, marking the first activity on his feed in two years. That earlier post also spurred confusion and was later understood to be relayed by proxies.
### What’s Next for FTX and Bankman-Fried?
FTX is preparing to release $1.6 billion to its creditors by September 30. On the other hand, Bankman-Fried still faces a long road ahead as he completes a 25-year prison sentence, which will keep him confined for decades.
At the time of writing, the price of FTT has cooled down, shedding a notable portion of its earlier gains. The cryptocurrency is currently trading at $0.9117, down 9% in the past 24 hours.
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*Featured image from LinkedIn, chart from Tradingview.com.*
https://bitcoinist.com/sam-bankman-fried-out-of-prison/
