Sam Bankman-Fried, founder and former CEO of FTX, returned to Twitter on Dec. 30 after weeks of inactivity coinciding together with his arrest.

Bankman-Fried commented on a current occasion that noticed Alameda-related cryptocurrency addresses transfer no less than $1.7 million of property. These funds have been transferred to crypto mixers in a number of batches on Dec. 28.

Bankman-Fried denied that he performed any function on this motion, writing:

 None of those are me. I’m not and couldn’t be shifting any of these funds; I don’t have entry to them anymore.

Nevertheless, he added that it’s seemingly that “varied legit legs of FTX” can entry these funds and mentioned that he hopes that these entities have been behind the motion of funds. He additionally mentioned that he’s “glad to assist advise regulators” to analyze the matter.

Bankman-Fried’s want to cooperate with authorities is undoubtedly as a result of harsh legal costs he faces. Because of this, Bankman-Fried may presumably try to rearrange a plea deal much like these obtained by his associates, Caroline Ellison and Gary Wang. Nevertheless, one former federal prosecutor has steered that Bankman-Fried is unlikely to be given a good deal on account of his lead function in FTX’s alleged fraud.

Bankman-Fried’s subsequent listening to is ready for Jan. 3. By the way, the Wall Road Journal steered in the present day that, based mostly on its sources, Bankman-Fried will plead not responsible.

Bankman-Fried has been in any other case silent for the previous three weeks. He didn’t tweet within the two days following his arrest on Dec. 12 and was absent from Twitter within the following weeks. After FTX’s collapse in November, Bankman-Fried regularly defied legal professionals by making public statements and issuing apologies.