25-2-2025 – Disgraced former FTX chief executive Sam Bankman-Fried has broken his two-year silence on X, sharing a series of contemplative posts about employee terminations and organisational challenges. The unexpected social media reappearance, which occurred Monday evening, has triggered considerable buzz amongst crypto enthusiasts.
The incarcerated entrepreneur kicked off his thread with a touch of dark humour regarding his present circumstances: “I have a lot of sympathy for gov’t employees: I, too, have not checked my email for the past few (hundred) days,” whilst adding that “being unemployed is a lot less relaxing than it looks.”
1) I have a lot of sympathy for gov’t employees: I, too, have not checked my email for the past few (hundred) days
And I can confirm that being unemployed is a lot less relaxing than it looks
— SBF (@SBF_FTX) February 25, 2025
Bankman-Fried delved into the complexities of corporate workforce management, postulating that employee dismissals often stem from fundamental misalignments rather than performance deficiencies.
“More often, the problem is that the company just doesn’t have the right job for them,” he asserted in his philosophical musings.
The fallen crypto mogul highlighted various scenarios contributing to employment disconnects, including insufficient managerial oversight and incompatible working arrangements: “Maybe we just didn’t really have anyone free to manage them right then. Maybe they worked best remotely, but our company communicated in-person.”
Without naming specific organisations, Bankman-Fried pointed to excessive recruitment practices he had witnessed: “We saw it at competitors that hired 30,000 too many employees and then had no idea what to do with them—so entire teams just sat around doing nothing all day.”
He further reflected on internal challenges he had observed: “And we saw it internally, when a manager would get busy or distracted, and half of a department would lose its bearing at the same time.”
Whilst acknowledging the absence of employee culpability in such situations—”It isn’t the employee’s fault, when that happens”—Bankman-Fried concluded pragmatically that “there’s no point in keeping them around, doing nothing.”
The unexpected social media activity has raised significant questions about how Bankman-Fried is accessing his account from Brooklyn Metropolitan Detention Center, where he is currently serving a 25-year sentence for orchestrating a substantial cryptocurrency fraud.
