Disgraced FTX founder Sam Bankman-Fried has resurfaced on social media, with a friend posting on his behalf. Despite claiming to work within prison rules, speculators sent FTX’s native token, FTT, soaring over 50% in minutes on Sept. 24, only to cool off after the friend-authored post. Bankman-Fried has used media appearances to deflect blame for FTX’s collapse, arguing that the mistake was filing for bankruptcy and maintaining the exchange had cash to meet obligations. The illiquid token, once key to FTX’s valuation, is now vulnerable to manipulation without utility post-collapse.

Read more at Yahoo Finance: Sam Bankman-Fried Rocks Crypto Market From Prison With X Comeback: ‘gm’