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SBF's prison greeting stirs up a huge wave: after six months of silence, he sends a "gm", and FTT big pump 45%
FTX founder SBF tweeted "gm" from prison, causing the price of FTT to surge 40% instantly, exposing the speculative nature and meme quality of the crypto market. (Background: Three Arrows Capital was awarded $1.53 billion! Zhu Su: Want to ask SBF what new project ideas he has and what he thinks about Solana and Hyperliquid.) (Supplementary background: Netflix launched the "FTX Bankruptcy" series, interpreting SBF and Caroline's theft of $8 billion under love and temptation.) Former FTX CEO Sam Bankman-Fried (SBF), although sentenced to 25 years, tweeted "gm" on the X platform early this morning (24th), once again stirring the waters of the crypto market. FTT surged from $0.80 to $1.21, with a daily increase approaching 45%, and then quickly fell back within hours, leaving behind significant trading volume and speculative shadows. 10:50 Update》The latest response to the post stated: This post was not personally made by SBF but was published by a friend of his, whose true identity has not been disclosed. [No, SBF is not posting himself from prison. I'm a friend posting on his behalf.] — SBF (@SBF_FTX) September 24, 2025 The tweet ignited a short-term frenzy for FTT. This was SBF's first public statement since March. Once the news broke, the already thin liquidity of FTT was pursued by bots and retail investors, causing the price to instantly deviate from its fundamentals. Currently, FTT is a token with no actual use, so this wave of pump is entirely driven by emotions. Technical indicators show that the RSI once surged into the overbought zone, with MACD diverging from the price, indicating that momentum may not be sustainable. SBF's Current Incarceration Status and Appeal Progress SBF was sentenced to 25 years in March 2024 for seven counts of fraud and conspiracy and is currently serving time at Terminal Island prison in California, with official parole expected in October 2044. He has appealed against his conviction and sentence, with oral arguments scheduled for November 4, 2025, at the New York Second Circuit Court of Appeals. This hearing will determine his subsequent legal options. There is also speculation about whether the Trump administration might consider a pardon, but there is currently no formal application or official statement. Conclusion: A good morning, the atmosphere is tense SBF's "gm" is neither a policy declaration nor an operational update, yet it is enough to sway the coin price, highlighting that FTT has become a meme token related to FTX, with a weak underlying rational basis in the market, not very investment-oriented, and most investors are only entering and exiting repeatedly in FOMO and panic: when the core asset value is empty, the short-term heat will eventually recede, leaving another reminder of risk awareness. Related Reports From Satoshi Nakamoto to SBF: Who is Stealing the Soul of the Crypto World? SBF's sentence reduced to 2044, three major reasons for sentence reduction exposed, ex-girlfriend Caroline expected to be released next year SBF's latest prison interview: I give the same amount of money to the Republican Party, but the Democratic Party does not come to the rescue; Diddy was "very good" to me <SBF's prison greeting caused a huge wave: after six months, he tweeted "gm" and FTT surged 45%> This article was first published in BlockTempo, the most influential blockchain news media.