FTT surges after FTX founder SBF posts gm on X

FTX founder Sam Bankman-Fried posted gm, an abbreviation for good morning, on X (formerly Twitter) for the first time in six months, triggering a short-term surge in the price of FTT. According to CoinMarketCap, FTT is currently trading at $1.19, an increase of 43.24%. Bankman-Fried is currently serving a 21-year prison sentence after being convicted on fraud charges involving $11 billion. His scheduled release date is in December 2044.