This announcement comes after the demise of Sam Bankman-Fried’s FTX and Alameda Research, which caused a massive drop in the price of bitcoin and cryptocurrencies as a whole.
The whistleblower also showed his disagreement with centralized exchanges when the FTX empire collapsed, tweeting that “custody swaps were a mistake“.
Edward Snowden takes interest in bitcoin decline again
In his last tweet, Snowden said: “There are still plenty of problems to come, but for the first time in a long time, I’m starting to feel the itch to get back to the charge.”
Prior to that, Snowden last tweeted about making an entry into bitcoin long before March 2020, when BTC traded at $6,900. Here is what he had to say about BTC at the time:
“This is the first time in a long time that I have wanted to buy bitcoin. This fall was too much of a panic for two small reasons.
Since then, the price of bitcoin had risen to its all-time high of $68,983.45, before dropping to the current price of $16,607.07, at the time of writing.
There’s still a lot of trouble ahead, but for the first time in a while I’m starting to feel the itch to scale back in. pic.twitter.com/saZXYq8MT2
—Edward Snowden (@Snowden) November 14, 2022
Edward Snowden continued in his recent tweet stating,
“When most people say ‘this isn’t financial advice’ they’re lying, but it’s actually not financial advice since I have no financial education and no idea what I’m doing.”
Edward Snowden on the political connections of the SBF
Recently, Edward Snowden also spoke about the US government’s inaction on Sam Bankman Fried, a major political donor who gave more than $36 billion to Democrats in the last election. Fried had made significant contributions to the party earlier this year.
The White House sanctions and arrests kids for the “crime” of building privacy tools to protect you, while “regulators” were quietly palling around with the thieves who just robbed 5 million people.
The difference? The thieves were big political donors.https://t.co/LIhLq6FUMF
—Edward Snowden (@Snowden) November 13, 2022
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