FTT TOKEN SALE OF 20% ON RUMORS OF POSSIBLE RELEASE OF SAM BANKMAN-FRIED
The FTT token has recorded a significant increase of 20% in recent hours, fueled by speculation about the possible early release of Sam Bankman-Fried, former CEO of FTX currently in prison.
Market rumors have intensified after some analysts suggested that the Trump administration may consider a pardon for the founder of FTX, who is sentenced to 25 years in prison. Decentralized prediction markets like Polymarket currently show a 3% probability that Bankman-Fried will be pardoned in the first 100 days.
The FTT token has previously demonstrated a strong correlation with news regarding its founder. In February 2025, FTT had already recorded a spike of 30% when Sam Bankman-Fried made his first social media post in two years.
Investors continue to bet on potential legal developments that could influence the future of the FTX ecosystem, despite the exchange remaining in bankruptcy.
