Hey there, meme coin enthusiasts and blockchain buffs! If you’ve been scrolling through X lately, you might have stumbled upon a thought-provoking post by Haseeb (@hosseeb) that’s got everyone talking. Posted on June 29, 2025, Haseeb dives into the wild investment track record of Sam Bankman-Fried (SBF), the former FTX founder whose name still sparks debate in the crypto community. Let’s break it down and see what makes this thread so intriguing—especially for those of us at Meme Insider who love digging into the latest blockchain trends!
The Tweet That Sparked the Conversation
Haseeb’s post highlights an interesting paradox: while SBF’s tenure as the head of FTX ended in a dramatic collapse, his eye for investments might have been nothing short of legendary. He lists some big hits—Solana, Sui, Cursor, Robinhood, and Anthropic—suggesting that if SBF had held onto these investments, he could have boasted one of the greatest hit rates in venture capital history, despite his short time in the spotlight. It’s a bold claim, and the replies show a mix of awe, skepticism, and curiosity.
What Makes SBF’s Investment Picks Stand Out?
Let’s unpack some of the standout names Haseeb mentions:
- Solana: This high-speed blockchain has become a favorite for developers building decentralized apps (dApps) and meme coins alike. SBF’s early bet on Solana paid off big time, with its price soaring to over $153.35 on platforms like Robinhood. It’s a testament to his ability to spot scalable tech early.
- Cursor: Known for its AI-powered coding tools, Cursor is a darling in the developer community. Haseeb’s mention of it alongside Claude Code (an AI coding assistant) shows SBF’s knack for backing innovative AI startups.
- Anthropic: This AI research company, co-founded by ex-OpenAI folks, is pushing the boundaries of safe and interpretable AI. SBF’s investment here aligns with his ties to the effective altruism movement, which prioritizes high-impact causes.
- Robinhood and Sui: These picks show a diverse portfolio, from trading platforms to next-gen blockchains, hinting at SBF’s broad vision for the future of finance and tech.
What’s wild is that SBF made these moves in a remarkably short window, thanks to the capital he amassed through FTX and Alameda Research. According to PitchBook, he was an angel investor with a keen eye for promising startups, even serving on boards like Autograph.
The Controversy: Genius or Fraud?
Of course, this thread wouldn’t be complete without addressing the elephant in the room. SBF’s investments were fueled by funds from FTX, which collapsed in 2022 due to mismanagement and fraud allegations. As Investopedia notes, the fallout deterred many investors and exposed the fragile nature of the crypto industry. Some X users, like @earlyxbt, call out the glorification of SBF, pointing out that his portfolio included plenty of flops alongside the hits.
Others, like @DecryptoPioneer, argue we shouldn’t ignore the “soil” (the fraudulent foundation) while admiring the “fruit” (successful investments). It’s a fair point—SBF’s access to capital gave him an unfair edge, as @PlenaFinance suggests, unlocking opportunities many others couldn’t touch.
The Effective Altruism Connection
Haseeb’s thread also ties into SBF’s roots in effective altruism (EA), a philosophy that encourages using wealth to maximize positive impact. Wikipedia links SBF to this movement, alongside big donors like Dustin Moskovitz. His investments in AI (like Anthropic) and scalable tech (like Solana) align with EA goals, though the opulence that followed raised eyebrows, especially after the FTX crash.
What Does This Mean for Meme Coin Fans?
So, why should meme coin lovers care? SBF’s success with Solana—a blockchain that’s home to countless meme tokens—shows how early bets on the right tech can pay off. At Meme Insider, we’re all about helping you navigate this space. Whether it’s spotting the next Dogecoin or Pepe, understanding the tech behind these tokens (like Solana’s speed) is key. SBF’s story is a reminder that while vision matters, the foundation it’s built on can make or break the outcome.
The X Community Weighs In
The replies to Haseeb’s post are a goldmine of perspectives:
- @lex_node hints at SBF’s EA ties boosting his picks, while @tobeycodes questions his solo potential.
- @Genia_XBT speculates FTX might have survived with more time, a tantalizing “what if.”
- @EMostaque brings up Caroline Ellison’s role at Alameda, adding a layer of mystery to SBF’s strategy.
It’s clear this topic stirs passion—and for good reason. SBF’s legacy is a mixed bag of brilliance and cautionary tale.
Final Thoughts
Haseeb’s thread opens a fascinating debate: Was Sam Bankman-Fried a visionary investor undone by his own hubris, or just a lucky fraudster riding a wave? For blockchain practitioners, his story is a masterclass in spotting trends—Solana’s rise, AI’s potential—but also a warning about the risks of unchecked ambition. At Meme Insider, we’ll keep you posted on how these trends shape the meme coin world. What do you think—genius or gamble? Drop your thoughts in the comments!