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Home Crypto

Elon Musk Believes SBF Is Better at Bribing Media Outlets Than Running FTX

Jessica Pachel by Jessica Pachel
November 24, 2022
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Elon Musk Believes SBF Is Better at Bribing Media Outlets Than Running FTX
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Twitter’s new CEO – Elon Musk – thinks Sam Bankman-Fried is a lot better at “bribing media” than managing a cryptocurrency platform.

The South African entrepreneur additionally dismissed the rumors that FTX’s former boss had bought a $100 million stake at Twitter.

One other Wave of Criticism

Most people opinion on SBF has undoubtedly modified for the more severe following the crash of his alternate FTX. The 30-year-old American, who was among the many most trusted figures within the house, entered the pages of crypto’s historical past as the person who stood behind a multi-billion-dollar value empire whose collapse brought on appreciable investor losses.

Two of probably the most outstanding people to show their antipathy towards SBF are Elon Musk and Changpeng Zhao.

In a current tweet, Tesla’s CEO argued that FTX may nonetheless be a practical entity ought to Bankman-Fried was pretty much as good at managing it as he’s at “bribing” media.

If SBF was pretty much as good at operating a crypto alternate as he was at bribing media, FTX would nonetheless be solvent!

— Elon Musk (@elonmusk) November 24, 2022

Binance’s CEO Zhao was fast to react with a laughing emoji underneath the publish.

Musk admitted earlier this month that he and SBF had a dialog previous to the Twitter deal. The world’s richest man was not left with a excessive opinion of Bankman-Fried, saying there was “one thing flawed with that dude.”

“I talked to him for about half an hour, and I do know my bullshit meter was redlining. It was like, this dude is bullshit – that was my impression,” he added.

CZ has additionally not been type to FTX’s former CEO. He advised SBF to cease posting mysterious tweets and as an alternative repair his multi-billion-dollar points.

In one among his current public messages, Bankman-Fried talked about an unknown “sparring companion” who may have pushed the platform on a loss of life spiral, and a few thought this could possibly be Zhao. Binance’s boss stated solely a “psychopath” may drop such a tweet, claiming he has nothing to do with the meltdown.

SBF Doesn’t Personal Twitter Shares

A number of current coverages indicated that Bankman-Fried might need bought a $100 million stake in Twitter earlier than the cope with Elon Musk.

Tesla’s CEO described the rumors as “false” and urged sure media firms to cease spreading such hypothesis.

False. Additionally, Enterprise continues to be not an actual publication. Simply quit.

— Elon Musk (@elonmusk) November 23, 2022

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