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Elon Musk believes SBF is better at bribing media than running FTX

Twitter’s new CEO – Elon Musk – believes Sam Bankman-Fried is much better at “bribing the media” than managing a cryptocurrency platform.

The South African businessman also dismissed rumors that the former FTX boss had bought a $100 million stake in Twitter.

Another wave of criticism

The general public opinion of SBF has undoubtedly changed for the worse following the crash of its exchange FTX. The 30-year-old American, who was among the most trusted figures in the world, entered crypto history as the man behind a multi-billion dollar empire whose collapse caused significant losses among investors.

Two of the most prominent people expressing dislike for SBF are Elon Musk and Changpeng Zhao.

In a recent tweet, the Tesla CEO argued that FTX could still be a functional entity should Bankman-Fried be as good at managing it as he is at “bribing” media.

If SBF were as good at running a crypto exchange as it was at bribing the media, FTX would still be solvent!

— Elon Musk (@elonmusk) November 24, 2022

Binance CEO Zhao was quick to respond with a laughing emoji under the post.

Musk admitted earlier this month that he and SBF had a conversation before the Twitter deal. The richest man in the world didn’t think highly of Bankman-Fried, saying that “there’s something wrong with this guy”.

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

CZ was also not kind to the former CEO of FTX. He advised SBF to stop posting mysterious tweets and fix its billion-dollar problems instead.

In one of his recent public messages, Bankman-Fried mentioned an unknown “sparring partner” who could have sent the platform on a death spiral, and some thought this might be Zhao. Binance boss said only a “psychopath” could tweet like this, claiming it had nothing to do with the meltdown.

SBF does not own Twitter stock

Several recent reports suggested that Bankman-Fried may have purchased a $100 million stake from Twitter prior to the deal with Elon Musk.

Tesla’s CEO called the rumors “false” and urged certain media outlets to stop spreading such speculation.

NOT CORRECT. Also, Business is still not a real publication. just give up

— Elon Musk (@elonmusk) November 23, 2022

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Source: Crypto News Deutsch

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