Sam Bankman-Fried reportedly owns a $100 million stake in Elon Musk's Twitter
for $44 billion, the Tesla CEO texted Bankman-Fried, inviting him to roll over his public Twitter shares into a stake in Musk's privately-held company, the publication reported. An FTX balance sheet from this month lists the Twitter shares as an"illiquid" asset, per Semafor.
Musk's text followed a message from Bankman-Fried in which he expressed his support for Musk's plans for Twitter and said he wouldn't be able to invest new money in Twitter, Semafor reported. The crypto founder added he had about $100 million in stock he could roll over into the deal, the publication said.
Spokespeople for Twitter and FTX did not respond to a request for comment from Insider ahead of publication.previously revealed in September during the pretrial discovery process for Twitter's lawsuit against Musk over his attempts to ditch his purchase of the social app. Bankman-Fried's advisor, Will MacAskill, had reached out to Musk in March saying the FTX founder had considered buying Twitter himself and would be willing to contribute
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Sam Bankman-Fried and the Long Road to Taking Crypto MainstreamSam Bankman-Fried, who founded the cryptocurrency exchange FTX, painted himself as a new type of smart guy who was going to change the world. This type of story has become the perfect vessel for fraud, jaycaspiankang writes.
Lire la suite »
Sam Bankman-Fried ran FTX like ‘personal fiefdom’ as firm spent $300M on luxury real estateSam Bankman-Fried ran FTX like 'personal fiefdom' as firm spent $300M on luxury real estate
Lire la suite »
FTX founder Sam Bankman-Fried: What to know about the ex-crypto execSam Bankman-Fried co-founded the FTX trading platform in May 2019 after launching Alameda Research with friends two years earlier. Here are fast facts about the former crypto executive.
Lire la suite »
How Sam Bankman-Fried Sold The Bahamas An Empty Crypto DreamThe FTX founder blew into the island nation with promises of prosperity and philanthropy. After he allegedly oversaw the use of customer deposits to fuel risky crypto trading, Bankman-Fried’s empire collapsed — and Bahamians are reeling from yet another scandal.
Lire la suite »
Elizabeth Holmes and Sam Bankman-Fried: How wunderkinds go wildTheranos' Elizabeth Holmes and FTX's Sam Bankman-Fried were two tech entrepreneurs who rose and fell on bad decision-making. Coaching may have prevented disaster.
Lire la suite »
Sam Bankman-Fried and the FTX collapse, explainedFTX was one of the largest digital currency exchanges, where people could buy and sell currencies like bitcoin. It quickly rose to international prominence and seemed unstoppable. Then, the firm filed for bankruptcy. Here’s what happened.
Lire la suite »