Analysts dumped 118 tweets deleted from former FTX CEO’s account, here’s what they can tell us
Tie, a leading B2B-focused analytics platform and information service for digital assets, has shared a unique document. In a spreadsheet, it published 118 tweets that were removed from the Twitter account of Sam-Bankman Fried, CEO of the collapsed FTX platform.
Though the majority of the indexed messages were retweets deleted not by SBF but by their initial authors, this spreadsheet tells us a lot about what FTX has been doing in the last 12 months.
The Internet remembers everything: Tye archives SBF’s tweets from the past year
Tie experts admitted that the database is not full: it downloads data from SBF’s account once every 15 minutes. Thus, it was not able to index every tweet when it was deleted less than 15 minutes after publication.
Although the majority of retweets were actually written (and then deleted) by their various authors, many of the authors retweeted by Mr. Bankman-Fried were tied to Alameda Research. That is why this data displays some key parts of FTX/Alameda’s businesses that its leaders wanted crypto users to forget.
For example, now-deleted tweets promoting the Solana-based protocol were describing huge earning opportunities. On March 30, 2021, SBF retweeted a statement about earning 4,000% APY on Raydium Protocol’s Pool. While we cannot verify the actual APY this pool offers right now, its core asset, COPE, lost 99.69% of its value since Q1, 2022, while Raydium’s RAY lost over 98%. The COPE token has been repeatedly hoaxed by SBF.
In April 2021, the FTX CEO was excited by Serum Solana-based DEX and its token SRM as well as by MAPS, another Solana (SOL) ecosystem asset and part of Alameda’s portfolio. Both SRM and MAPS lost 96-97% in the last 12 months.
In September 2021, SBF retweeted a message bashing FTX competitors Coinbase and Gemini for high latency.
Also, he mentioned Star Atlas (ATLAS) metaverse and its governance token Star Atlas DAO (POLIS); the platform organized a token sale on FTX. Needless to say, both are changing hands over 99% down from their ATHs and are on the verge of leaving CoinMarketCap’s top 1,000.
There is some irony in retweeting a statement from the SBF regarding the “value” of cryptocurrency tokens:
“stocks aren’t ponzis because they generate cashflow” – “ok but tokens generate cashflow too” – “yeah but it’s all circular”
Who used to promote FTX and now regrets it?
It should come as no surprise that the bulk of deleted tweets were intended to highlight partnerships with sports and media personalities. Of the 118 deleted tweets, about 15% were retweets of statements by NFL legend Tom Brady, the most active FTX cheerleader, and his then-wife Gisele Bündchen, a famous Brazilian model.
“Last Chance U: Basketball” star Deshaun Highler, a shooting guard for the NCAA’s Sacramento State Hornets, deleted his celebratory tweet about the collaboration with FTX, retweeted by SBF.
In another now-deleted tweet, Aaron Jones, the American football running back for the Green Bay Packers of the National Football League (NFL), was excited about joining FTX as an “investor and ambassador” and said that it ” Best and Safest”. way” to buy and sell crypto.
The exact details of deals between FTX and its former cheerleaders were never disclosed.
“Property OK”
But the most piquant of all the deleted tweets are the statements made by SBF itself on November 7, 2022. First, he assured followers that “FTX is fine,” and so were the clients’ assets. Then, he claimed that all FTX investors and traders have nothing to worry about as its balance structure is healthy:
FTX has enough to cover all client holdings. We don’t invest client assets (even in treasuries). We have been processing all withdrawals, and will continue to be.
SBF also tagged Binance CEO Changpeng Zhao, inviting him to “work together” for the good of the entire ecosystem. A few hours later, the CEO of FTX semi-ironically retweeted the Influencer and demanded an airdrop for “funds not growing on FTX”.
As covered by U.Today previously, the fourth-largest cryptocurrency exchange FTX and associated trading firm Alameda Research collapsed in early November 2022. Its key rival Binance had started the process of acquisiton but then dropped the idea.
