"SBF" prison mysterious post ignites FTT big pump of 45%, investors are dumbfounded after the truth is revealed.

A simple “gm” greeting unexpectedly stirred up the crypto market in just a few hours. On September 24, FTX founder Sam Bankman-Fried's (SBF) X account suddenly posted, immediately triggering a frenzied market reaction, with the price of FTT token skyrocketing from $0.80 to $1.21, an astonishing increase of nearly 45%. However, this sudden revelry was soon interrupted by an update: “No, SBF is not posting from prison. I'm his fren, posting on his behalf.”

Mysterious “gm” ignites market speculation frenzy

(Source: Trading View)

This mysterious “gm” (good morning) tweet is SBF's first “appearance” on social media since March of this year, immediately attracting widespread attention from the market and stimulating a pump in FTT Token. For the crypto market community, “gm” is not just a simple greeting, but symbolizes a positive attitude towards the market, thus these two letters quickly ignited the imagination of investors.

Market analysts point out that the abnormal fluctuations of the FTT Token have completely detached from the fundamentals.

· The trading volume surged several times in a short period.

· The buy order depth has significantly increased, indicating a large influx of speculative funds.

· Technical indicator RSI quickly surged into the overbought zone

· The MACD shows a clear divergence with the price, indicating that the upward momentum may not be sustainable.

“This is entirely an emotionally driven speculative act,” said a cryptocurrency analyst who wished to remain anonymous. “FTT currently has no actual use or intrinsic value support, it's purely speculators chasing past glories.”

Truth Revealed: It was not SBF himself

After the market crazily chased for several hours, the account released an update stating that the post was not made by SBF himself, but was posted by an unnamed fren on his behalf. This clarification immediately triggered a market reversal, and the FTT price quickly fell back, leaving a large number of investors trapped at high positions.

“This once again proves the crypto market's excessive sensitivity to celebrity effects,” said market commentators. “A simple 'gm' can trigger such intense fluctuations, reflecting that the market still lacks rational judgment.”

SBF Current Legal Situation and Future Outlook

Currently, SBF is serving his sentence at Terminal Island prison in California, having been sentenced to 25 years in prison for seven felonies. Officials estimate that he will not be eligible for parole until October 2044. However, his legal team has appealed the conviction and sentence, with oral arguments scheduled to take place on November 4, 2025, at the Second Circuit Court of Appeals in New York.

Legal experts analyzed the challenges that SBF's appeal may face:

The success rate of appeals is usually low, especially in cases of financial fraud where evidence is conclusive.

· The defense team may focus on procedural issues rather than fact-finding.

Even if the appeal is partially successful, the sentence may only be slightly adjusted.

Market observers have also noted that political factors may introduce variables. With the changing political landscape in the United States, there is speculation about whether the Trump administration might consider a pardon for SBF, but there are currently no official indications suggesting this possibility.

Reflection on the crypto market: Thoughts triggered by a “Good Morning”

This incident highlights the many issues that still exist in the crypto market:

Emotion-driven: The market's reaction is overly reliant on emotions rather than fundamental analysis.

Meme Effect: FTT has become a purely meme Token, lacking substantial support.

Weak risk awareness: Investors are still easily influenced by short-term fluctuations and celebrity effects.

Liquidity Trap: Severe fluctuations in low liquidity assets over a short period of time can lead to significant losses.

“When the core asset value has emptied and the short-term heat wave eventually recedes,” warned a senior trader, “this incident should serve as a warning for investors: in the crypto market, rational analysis is more important than emotional reactions.”

Market experts advise investors to remain calm when facing similar situations, avoiding impulsive decisions driven by FOMO (fear of missing out), and to focus on the fundamental value of assets rather than short-term market noise.