Twitter’s new CEO – Elon Musk – believes that Sam Bankman-Fried is much better at “bribing the media” than running a cryptocurrency platform.
The South African businessman also denied rumors that the former head of FTX had bought a $100 million stake in Twitter.
Another wave of criticism
Public opinion of SBF has undoubtedly changed for the worse after the collapse of its stock exchange, FTX. The 30-year-old American, who was among the most trusted figures in the space, entered the pages of crypto history as the man behind a multi-billion dollar empire whose collapse caused huge losses for investors.
Two of the most notable individuals who have shown dislike towards SBF are Elon Musk and Changpeng Zhao.
In a recent tweet, the Tesla CEO argued that FTX could still be a functional entity if Bankman-Fried was as good at running it as he is at “bribing” the media.
If SBF was as good at running cryptocurrency exchanges as it was at bribing the media, FTX would still be solvent!
– Elon Musk (@elonmusk) November 24, 2022
Binance CEO Zhao quickly responded with a laughing emoji below the post.
Musk acknowledged earlier this month that he and SBF had a conversation ahead of the Twitter deal. The world’s richest man has not left a high opinion of Bankman-Fried, saying there is “something wrong with that guy”.
“I talked to him for about half an hour knowing my meter was red. He was such a rubbish guy—that was my impression.”
CZ also wasn’t kind to the former FTX CEO. He advised the SBF to stop posting mysterious tweets and instead fix its multi-billion dollar problems.
In one of his recent public announcements, Bankman-Fried mentioned an unknown “sparring partner” who could have pushed the platform into a death spiral, and some believe this could be Zhao. The Binance boss said that only a “mentally ill person” could post such a tweet and claimed it had nothing to do with the crash.
SBF does not own shares of Twitter
Several recent reports have indicated that Bankman-Fried may have bought a $100 million stake in Twitter prior to the deal with Elon Musk.
Tesla’s CEO called the rumors “false” and urged some media companies to stop publishing such speculation.
forged. Also, the works are still not a real print. just giveup.
– Elon Musk (@elonmusk) November 23, 2022
Elon Musk thinks SBF is better at bribing media than running FTX which appeared first on CryptoPotato.