"What": a simple reply by crypto influencer Gainzy pretty much summed up the sentiment when the notorious convicted fraudster Sam Bankman-Fried, or SBF, seemingly posted on social media after a long hiatus (and despite being in jail).

To make matters worse, the token linked to defunct crypto exchange FTX surged nearly 24% in the last 24 hours, after his X account posted a simple "gm" on Tuesday.

This simple post seems to have been taken as an opportunity by speculative crypto traders to pump the FTT token, which now has no value associated with it, nearly 50%-60% within minutes, reaching a peak of around $1.20-$1.23. Despite his incarceration and clarification that the post was made by a "friend" on his behalf, the token is still up 25%, trading around $1.014, according to CoinDesk data.

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