Haciyev Reşit 
The crypto space witnessed an unexpected twist when former FTX CEO Sam Bankman–Fried (SBF) posted a simple “gm” (“good morning”) message on his X (formerly Twitter) account. What seemed like an ordinary post triggered a surge of over 30% in the price of FTX’s native token, FTT, within minutes.
FTX and Ongoing Customer Repayments
FTX’s collapse in 2022, which played a significant role in Bitcoin dropping to $15,000 at the time, still looms large over the crypto industry. While the exchange continues repayments to its affected customers, SBF’s sudden reappearance caught investors off guard.
Analysts warn that such abrupt moves can have major effects on investor psychology and market volatility. Tokens like FTT, which once held significant value, can experience sharp price swings driven by news or social media activity.
SBF’s Tweet and the Crypto-Twitter Reaction
SBF’s “gm” tweet quickly went viral across the crypto community. However, a clarification soon appeared below the post:
“This was not posted by SBF himself. As a friend, I shared it on his behalf.”
This revelation left uncertainty over whether SBF had personally intended the message. Regardless, the tweet generated massive engagement and became a hot topic on Crypto-Twitter.
Sudden Price Surge and Volume Spike in FTT
Following SBF’s tweet, the FTT token rose more than 30%, briefly surpassing $1. Additionally, trading volume jumped significantly, climbing from around $10 million to $60 million.
Analysts note that FTT continues to attract attention from some investors due to the exchange’s bankruptcy process and ongoing repayment periods. Despite past trust issues, crypto investors are closely monitoring the token’s price movements.
SBF’s Past and Legal Status
Sam Bankman-Fried was convicted of fraud and misappropriating billions of dollars in customer funds, receiving a 25-year prison sentence. In earlier interviews from a New York prison, he stated that he did not have internet access. This has fueled debate over who actually posted the tweet from SBF’s X account.
Even a simple tweet from SBF caused a sudden spike in FTT’s price, highlighting once again the powerful influence of social media in the crypto market. For crypto investors, any news from major exchanges, past or present, can create sudden opportunities—or risks.
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