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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.

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.

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