He stressed that terminations are often a result of "the company just doesn’t have the right job for them," despite the employee's qualifications.
The former billionaire expressed empathy for government employees, saying, "I have a lot of sympathy for gov’t employees: I, too, have not checked my email for the past few (hundred) days," before acknowledging the challenges of unemployment.
Bankman-Fried, who is currently facing a 25-year sentence for fraud and embezzlement related to FTX's collapse, also remarked that "being unemployed is a lot less relaxing than it looks," a sentiment from a man whose fortune evaporated almost overnight.
Bankman-Fried's return to social media coincided with another high-profile figure’s controversial stance on employee accountability—Tesla CEO Elon Musk.
Musk issued a demand for federal employees to justify their work via email, threatening resignation if they failed to respond by the deadline.
"Failure to respond will be taken as a resignation," Musk wrote on Saturday.
Musk’s directive, which came with a stern ultimatum, spurred federal employees into action, although some, like FBI Director Kash Patel, have urged their staff to hold off on responding.
In fact, just last week, Bankman-Fried praised Musk's "chainsaw approach" to cutting through government bureaucracy while courting U.S. President Donald Trump and Musk for a presidential pardon.
He pointed to the need for overhauling inefficient systems, noting, "Some things actually do need more than a 10% cut," he said, referring to Musk's emphasis on streamlining government operations.
Pseudonymous users in the crypto community were quick to point out a surge in interest surrounding the so-called "SBF coin," a meme coin based on the former FTX CEO’s name, which saw a rapid rise just before his tweets.
SBF Coin has jumped 8.4% in the last 6 hours, trading at a price of $0.003, while FTX’s token FTT briefly rose 32% to $2.07, DexScreener data shows.
Edited by Sebastian Sinclair
decrypt.co
