Sam Bankman-Fried, former CEO of bankrupt cryptocurrency exchange FTX, has concluded a Twitter thread that he started on November 14. In about 40 hours, he explained “what happened” in nine tweets and then wrapped up with five text tweets.
The unusual Twitter storm drew a lot of attention. The first tweet (“What”), for example, was retweeted nearly 6,000 times as of the afternoon of November 15, with more than 6,000 dating tweets in addition.
—SBF (@SBF_FTX) November 14, 2022
In text tweets, Bankman-Fried (SBF) promises to tell what happened “as he remembers it.” According to the twelfth tweet, posted on the morning of November 15, “To the best of my knowledge, as of 7/11, with the possibility of errors: a) Alameda had more M2M assets than liabilities (but not liquid!) b) Alameda had margin position in FTX Intl c) FTX US had enough to reimburse all customers. Not everyone necessarily agrees with this.”
The disagreement that inspired his Twitter thread was considerable. Some users just wanted Send nail words of negativity, such as “Shut up and go to jail” or “All bullshit.” Others offered their support, such as “Everybody messes up in life. You can’t make things better in a day. But if you mean well, people will support you.”
.@elonmusk can we get this account deleted before these tweets are cited in court as evidence for how this fraudulent psychopathic liar tried to do “right by all the customers” until the last moment
—Hsaka (@HsakaTrades) November 15, 2022
Elon Musk we can get this account deleted before these tweets are subpoenaed in court as proof of how this fraudulent psycho liar tried to do “right by all customers” until the last moment
Autism Capital tweeted a screenshot of a long message purportedly from an employee on FTX company Slack that read: “Sam, with all due respect, this is not helping. […] Your tweets have only made people angrier that you had the audacity to tweet something cryptic when people’s lives have been destroyed.” The author went on to say that the tweets were causing tension among people who were expecting news in them, and:
“Many of us idolized you, Sam, and you have disappointed us.”
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