Elon Musk Says Disgraced FTX CEO Put His ‘Bull–t Meter Off’
Elon Musk says he knew disgraced FTX founder and former CEO Sam Bankman-Fried was full of it.
Back in March, Bankman-Fried offered through intermediaries to help Musk buy Twitter, according to the report texts leaked Friday by Twitter user Internal technical emails.
The texts show that Musk’s banker Michael Grimes told Musk that Bankman-Fried offered “at least $3 billion” to help Musk finance the Twitter deal and wanted to talk about the potential for “social media blockchain integration.”
Musk was skeptical. He asked Grimes, “Does Sam actually have $3 billion liquid?”[ads1];
After the texts were leaked, Musk responded on Twitter: “Exactly. He set off my bs detector, which is why I didn’t think he had $3 billion.”
At least $1 billion in client funds — and possibly as much as $2 billion — has disappeared in the shocking implosion of cryptocurrency exchange FTX, according to reports.
Musk’s take on Bankman-Fried, known in the industry as “SBF,” comes as FTX imploded late last week with reports that he secretly funneled $10 billion of client funds into his trading firm, Alameda Research
At least $1 billion in client funds — and possibly as much as $2 billion — has disappeared in the shocking implosion of cryptocurrency exchange FTX, according to reports.
