FTT Explodes 55%+ as Bankman-Fried Resurfaces on X - Crypto Markets React

Sam Bankman-Fried's unexpected appearance on social media platform X sent shockwaves through crypto markets, triggering a massive price surge for FTT token.

The Catalyst

Markets moved on pure speculation—no fundamental news, no product updates—just a single online appearance from the former FTX CEO. The 55% price jump demonstrates how sentiment still drives crypto valuations more than traditional metrics.

Trading Frenzy

Volume spiked as traders piled into the momentum play. Retail investors chased the pump while institutional players watched from the sidelines—another day where crypto proves it operates on a different set of rules than traditional finance.

Reality Check

Because nothing says 'healthy market' like a convicted executive's social media activity moving billions in valuation. The surge highlights crypto's ongoing addiction to personality-driven narratives over substance.

However, the post was published not by SBF himself, but by his friend. The comment below the post said:

“No, SBF does not publish posts by himself from jail. I am a friend who is posting on his behalf.”

Ikigai Asset Management founder Travis Kling said he forgives Sam Benkman-Fried for his actions and did so back in the immediate aftermath of the FTX collapse. He urged anyone who was hurt by SBF’s actions to also let go of grudges, noting that hate can destroy a person from the inside out.

Recall that in March 2025, American journalist and political commentator Tucker Carlson interviewed SBF. Then sentenced to 25 years in prison Benkman-Fried talked about the conditions in prison, daily life, the future of cryptocurrencies, as well as the SEC, Gensler and other topics.

Also in May, it was reported that SBF may get out of prison four years earlier – on December 14, 2044.

Сообщение FTT price soared more than 55% on the back of Bankman-Fried’s appearance in X появились сначала на INCRYPTED.