After 767 days, what does it mean to SBF tweet again?

Author: shu, BlockBeats

Two years later, SBF tweeted again about the experience of firing employees. He wrote that firing employees is a very difficult and unpleasant thing, but it is often a problem in the company's management that causes employees to be fired. Leaving employees in the company has no value, but rather a waste. The SBF's talk about the firing also reminds people of the recent crazy "launched employees" by the US government.

The market restarted the expectation that SBF would be pardoned. FTT broke through US$2.2 in a short time and is now quoted at US$2.05, an increase of 11.8% in 24 hours.

SBF changes political tendencies and makes it clear that Trump is

"shouldering" to seek pardon

It all starts after Trump comes to power.

On January 22, Trump posted on his social media Truth Social that he had pardoned the founder of Silk Road, "I just called the mother of Silk Road founder Ross William Ulbricht and told her that I am honored to have just signed it. A complete and unconditional pardon order for her son Ross. ”

At the end of the month, a person familiar with the matter revealed that SBF's parents, Joseph Bankman and Barbara Fried, professors from Stanford University Law School, have recently met with lawyers and other people in the Trump circle to try to seek a pardon from Trump, but it is not clear whether they have already been with the The White House got in touch.

On February 18, like many insiders and outside the crypto industry who hope to get political points in Trump's second term, SBF unabashedly "takes a side" in an interview with the New York Sun: " I spent a lot of time studying crypto policies and was very frustrated and disappointed by what the Biden administration and the Democrats saw and heard, which was extremely destructive and difficult to cooperate, and frankly, the Republican Party is much more reasonable.

SBF suggests his right-leaning tendency began in 2022 because he and Trump share an enemy, Lewis Kaplan, the judge responsible for the FTX fraud case and Trump’s federal defamation trial.

In 2020, the SBF was the second largest donor to the Biden campaign, but now SBF says: “I thought I was a center-left at the time, but now I don’t see myself that anymore, the tech industry has changed in the atmosphere, Mark · Once outspoken Democrats such as Zuckerberg and Mark Anderson are now supporting Trump.

Going closer to DOGE, what does SBF mean?

In SBF's comeback tweet, one thing he expressed is that "firing employees is one of the most difficult things in the world", which reminds people of Trump's U.S. Department of Efficiency (DOGE), who took office The most important thing is to fire government officials. Even the prosecutor in the SBF case resigned because "the new official took office three times" as the Justice Department asked her to suspend a corruption investigation into New York Mayor Eric Adams.

According to the Washington Post, a series of actions with adviser Musk have sparked widespread controversy since Trump's second term began three weeks ago. The U.S. Department of Efficiency, led by Musk, has intervened in 18 federal agencies, terminated 199 federal contracts and tried to fire tens of thousands of federal staff.

On February 16, on the 15th local time, the U.S. Department of Efficiency (DOGE) led by Elon Musk sent dismissal notices to more than a dozen staff members of the United States Digital Service. The office is an information technology (IT) unit of the U.S. Presidential Office and is now taken over by the Department of Government Efficiency (DOGE).

Even the SEC had to make changes. On February 25, two people familiar with the matter revealed that the U.S. Securities and Exchange Commission plans to remove senior leaders from regional offices across the country, a cut it proposed to the Trump administration. Part of the cost recommendation.

Sources said the SEC told directors of its 10 regional offices on Friday that their positions will be removed under plans submitted next month. The SEC, which regulates more than $100 trillion in U.S. capital markets, is facing pressure from Trump to lay off employees and cut costs.

SBF's earnest long push can be said to be the bull's-eye.

Attached SBF tweet full text translation

I feel very sympathetic to government employees: I have not checked the email for hundreds of days myself. And I can confirm that unemployment is less easy than it seems.

Fired employees is one of the hardest things in the world and a bad thing for everyone involved.

My experience is:

a) It is usually not their fault that employees are fired.

b) But usually, it is the right decision to fire them.

The more common problem is that companies simply don’t have a position that suits them.

I will tell everyone who is fired: It's also our fault because we haven't found the right position for them, or we haven't found the right person to manage them, or we haven't provided them with the right working environment.

Maybe we didn't have the right people to manage them at the time. Maybe they perform best when working remotely, but our company mainly communicates face to face. Maybe they want to work on a specific project, but that project is not exactly what the company needs.

Or there is a problem with their department itself. This happens from time to time. We've seen it with competitors, they hired 30,000 extra employees and had no idea how to arrange them - so the entire team sat there every day and did nothing.

We have seen this internally, and when a manager becomes busy or distracted, half of the entire department loses direction at the same time. When this happens, the employee is not wrong. It’s not their fault if employers don’t know how to arrange them, or if there is no right person to manage them effectively. It is not their fault if internal politics causes departments to lose their way. But it doesn't make sense to keep them in the company and do nothing.