Sam Bankman-Fried, also known as SBF, the CEO of FTX, tweeted his thanks and best wishes to the FTX community for their support.
The purpose of the tweet was to express gratitude to the FTX traders who continued to support the business even after Changpeng Zhao, CEO of Binance, announced that the company would be selling off all of its FTX tokens.
The tweet was published by Bankman-Fried on November 7, as part of a string of tweets primarily devoted to the journey of FTX “during its crazy” times:
The company has decided to sell the remaining FTX tokens (FTT) it holds in light of “some recent revelations,” the CEO of Binance tweeted on November 7.
In addition, he claimed that the exchange had made $2 billion after selling its stake the previous year.
It is noteworthy that CZ’s announcement came only a few days after rumors about the company’s financial troubles surfaced. Alameda Research is a cryptocurrency trading company closely associated with FTX.
CZ’s announcement prompted Bankman-Fried to tweet about the sense of community all employees should experience.
He continued by expressing respect for all of the work done by everyone to create the current state of the industry.
Additionally, Bankman-Fried addressed the rumors that were circulated at the time and thanked the traders and investors for their assistance and support in recent tweets.
Additionally, he discussed the exchanges, withdrawals, and stable coin conversions that happened during these hours on the platform.
He also said that everyone has the right to select their preferred trading platforms and coins based on their priorities and issues. He continued by saying that he would be appreciative of whoever remained with the business.