In successive tweets, Bankman-Fried simply said “What,” followed by a capital H. Bankman-Fried has been an active tweeter throughout the FTX collapse, having earlier written that he was “shocked to see things unfold the way they did.” Twitter and Tesla CEO Elon Musk, who is also facing some difficulties, tweeted with emojis in an attempt to translate the cryptic tweet. Musk also tweeted his amusement at the claim that Bankman-Fried played a game of League of Legends — the same game the executive was playing when venture capital firm Sequoia invested in FTX. Court filings show Musk doubted Bankman-Fried ever had $3 billion in cash to co-invest in Twitter. While the broader sentiment on social media was a wish for Bankman-Fried to be jailed, there was also concern for his health. FTX has filed for Chapter 11 bankruptcy protection, and over the weekend it also appears that there was a breach of client funds. Meanwhile, the securities regulator at FTX’s Bahamas headquarters said it had not requested that withdrawals for Bahamian clients be prioritized. Reuters reported that Bankman-Fried had a “backdoor” that allowed him to hide the transfer of client funds to the Alameda hedge fund, which Bankman-Fried told the news agency was simply “confounding the internal labeling.”
