A “WHAT” meme coin launched based on SBF’s tweet

Sam Bankman-Fried, a former CEO of FTX, may have had his Twitter account hijacked.

The word “What” was put on the account an hour ago. In response to the puzzling messages, a large number of Twitter users started making subpar jokes and memes. Renato Mariotti, a former federal prosecutor, mockingly said this is the smartest Twitter thread Bankman-Fried published in a week.

A WHAT meme coin based on SBF’s tweet has already been released in the interim.

As expected, someone made a $WHAT meme coin based off SBF's tweet

And I bought it

Tweet meta is back, meme coins are still pumping, expect mainstream news to talk about this tweet in the AM https://t.co/07GwPfO30Jhttps://t.co/QZECKhhuUx

TG: https://t.co/3vZIAQlERB https://t.co/I2WZxT7osI pic.twitter.com/Rt5zuy6mnw

— yzy.eth (@LilMoonLambo) November 14, 2022

The former CEO of FTX is currently being looked into for criminal misbehavior in the Bahamas, according to a recent Reuters story.

Earlier this week, a number of media publications claimed that Bankman-Fried was also under investigation by the US Department of Justice and the US Securities and Exchange Commission.

After Bankman-Fried was unable to obtain the highly desired bailout, the FTX Group, which consists of over 130 enterprises, filed for Chapter 11 bankruptcy.

After it was discovered that Bankman-Fried was supporting the trading company Alameda Research with money from its customers. It’s still unclear, though, if his behavior amounted to fraud.