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Sam Bankman-Fried’s Bizarre, Cryptic Tweets Attract Even Wilder Theories

garretschoenbergNovember 15, 2022
Sam Bankman-Fried’s Bizarre, Cryptic Tweets Attract Even Wilder Theories

Sam Bankman-Fried, the founder and former CEO of bankrupt cryptocurrency exchange FTX, created a bizarre Twitter thread starting on November 14th, drawing attention and speculation in the crypto community.

Posted by Bankman-Fried at 5:30 am UTC on November 15th, the most recent tweet at the time of writing was by Bankman-Fried, “This is all I can remember However, some of my memories may be incorrect.”

Another tweet spelled “What HAPPENED” was posted over the course of several hours.

Bankman-Fried’s tweet thread on November 15th at 5:50am UTC.

In an interview with The New York Times on Nov. 14, he was asked about his cryptic tweets. Bankman-Fried said he was “making while making” and said the series of tweets “will be multiple words.”

When asked why he answered, “I don’t know,” he said, “It’s improvisation. I think the time has come.”

Twitter users were quick to speculate as to the meaning of the tweet, with crypto YouTuber Stephen Findeisen perhaps referring to an October 2020 podcast by Bankman-Fried discussing the amphetamine Adderall experiment. “I’m taking amphetamines again,” he said.

Earlier in the bizarre tweet thread, he joked that Bankman-Fried’s lawyers had physically intervened to stop him from exposing anything potentially harmful should legal action be filed.

Journalist and author Alex Berenson said the tweet could be an act of Bankman-Fried defending his actions by claiming he was insane, and that if he were brought to court, he would He said he may have been under mental pressure.

The seemingly debunked theory is that Bankman-Fried is a sleight of hand that tricks a tweet-tracking bot that catches deleted tweets using the total number of tweets on his account so that his old “guilty” was used to cover up the deletion of “. Tweet

Bankman-Fried has deleted potentially malicious tweets in the past. Most notably, a riot posted on November 7th claiming that FTX and its assets are “no problem.”

Related: Take a step back from the fall of FTX and get back to basics

The Tie, a cryptocurrency insights platform, shared a document on Nov. 15 showing that Bankman-Fried deleted at least 118 tweets over the past year, but tweets were deleted by software every 15 minutes. It added that more tweets may have been deleted as they were recorded.

Independent cryptographic security researcher “Officer’s Notes” speculated that the FTX founders were trying to dabble in steganography, a method of displaying information within another message, or hidden code.

Prominent cryptocurrency trader Gurgavin Chandhoke theorized that Bankman-Fried was trying to send a message to Sam Trabucco, former CEO of FTX’s sister trading firm Alameda Research.

Chandhoke said Bankman-Fried could be trying to spell “what happened” and could be sending a message to Trabucco, saying “what happened”. It points to a series of older tweets from as proof.

Still, other think Bankman-Fried is click farming and just wants to see engagement on their posts. According to data from Social Blade, a social media analytics platform, Bankman-Fried’s Twitter follower count rose between November 7th and 13th around the time the FTX story began to unfold. increased to over 202,000.

His first tweet in the mystery thread is his third most liked tweet.