Cryptocurrency NewsCrypto Twitter Celebrates the Return of Sam Bankman-Fried to Jail

Crypto Twitter Celebrates the Return of Sam Bankman-Fried to Jail

Crypto enthusiasts on Twitter didn’t mince words on Friday when they learned that Sam Bankman-Fried, the controversial founder and former CEO of FTX, had his bail revoked. A federal judge ordered him to be held in jail because of accusations of tampering with witnesses. People from the crypto industry who were somehow affected by his alleged wrongdoings expressed their opinions openly on the platform.

“Take that, you witness tampering vegan-faking, money stealing, egotistical, delusional, coked-up, fraudulent, orgy-goblin, bean bag sleeping, self-entitled, stuck-up, pudgy little, twatwaffle,” Cinneamhain Ventures partner Adam Cochran tweeted. “I hope you enjoy prison.”

“SBF bail revoked [because] the dude cannot stop himself from cheating even to watch sports. Poetic, really,” General Counsel at Delphi Labs Gabriel Shapiro said.

Following a decision by New York U.S. District Judge Lewis Kaplan, Sam Bankman-Fried’s bail was revoked. The judge expressed skepticism that a gag order would suffice to prevent Bankman-Fried from communicating with the media.

“Sucks for Sam. If the past is prologue, he will not see home for 15-30 years,” former pharmaceutical executive Martin Shkreli tweeted. “Played a high-stakes game and wanted a shortcut. Doesn’t work that way!”

Shkreli gained the “pharma bro” moniker in 2015 when he raised the price of the anti-malaria medication Daraprim by 4,000%. He was charged and convicted on two counts of securities fraud and one count of conspiracy, and released early from a seven-year prison sentence in 2022.


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