Report: Crypto Failure and Democrat Super Donor Sam Bankman-Fried Invested $100 Million in Elon Musk's Twitter

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Sam Bankman-Fried, the disgraced erstwhile FTX CEO who Elon Musk mocked via Twitter, is really a partial proprietor of Twitter acknowledgment to an connection from Musk. SBF reportedly rolled his $100 cardinal concern successful Twitter banal into an ownership involvement successful Musk’s backstage company. Despite taking SBF’s money, Musk claimed that erstwhile helium met Bankman-Fried earlier this year, his “bullshit metre was redlining”

A recent report from Semafor claims that portion caller Twitter proprietor Elon Musk has mocked erstwhile FTX CEO Sam Bankman-Fried, stating that his “bullshit metre was redlining” erstwhile helium met the crypto exchange’s founder, successful May helium invited Bankman-Fried to rotation the $100 cardinal involvement successful Twitter into the caller privately held Twitter controlled by Musk.

Sam Bankman-Fried (Lam Yik/Bloomberg via Getty Images)

(Dimitrios Kambouris/Getty Images, BNN Edit

According to Semafor, a work successful which Bankman-Fried has invested, a antecedently unreported connection acceptable disconnected a concatenation of events that connected the 2 men whose companies are some facing difficulties. Bankman-Fried owns a ample information of nationalist banal successful Twitter, and Musk, who has publically disassociated himself from the crypto entrepreneur since FTX failed earlier this month, present counts him arsenic a fiscal state successful his quest to overhaul Twitter.

So, aft Elon claimed that SBF "set disconnected his bullshit meter," and implied he'd corrupted the justness strategy done governmental donations, it turns retired that they're really partners successful Twitter! The Aristocrats!

— E.W. Niedermeyer (@Tweetermeyer) November 22, 2022

One information of the messages betwixt Musk and Bankman-Fried surfaced successful a Delaware tribunal successful the summertime erstwhile Twitter was suing Musk to unit him to adjacent the woody to acquisition the company. “Sorry, who is sending this message?” Musk texted Bankman-Fried.

But betwixt that remark are undisclosed messages successful which Sam Bankman-Fried expressed his excitement astatine Musk’s acquisition of Twitter. Bankman-Fried told Musk that helium was laying debased up of an upcoming legislature proceeding and wouldn’t beryllium capable to put caller wealth into Twitter but had astir $100 cardinal of banal that he’d similar to lend to the deal.

Will MacAskill, Bankman-Fried’s philanthropic adviser, texted Musk connected March 29 to suggest a “possible associated effort” betwixt the 2 billionaires to acquisition Twitter. MacAskill told Musk that it would “be easy” for Bankman-Fried to perpetrate up to $3 cardinal to specified a bid. Musk’s banker, Michael grimes, aboriginal added that Bankman-Fried agreed to perpetrate betwixt $5 and $10 cardinal to the deal.

Bankman-Fried and Musk reportedly aboriginal spoke connected the phone, according to Axios. However, aft this conversation, Bankman-Fried reportedly chose not to put further capital. But helium did, arsenic musk suggested, lend his $100 cardinal successful banal towards the privatized mentation of Twitter.

Since the illness of FTX, Musk has publically trashed his existent Twitter-owning partner.  “Everyone was talking astir him similar he’s walking connected h2o and has a zillion dollars,” Musk said during a Twitter Spaces speech connected November 12, the time aft FTX filed for bankruptcy. “And that [was] not my impression… there’s thing wrong.”

Read much astatine Semafor here.

Lucas Nolan is simply a newsman for Breitbart News covering issues of escaped code and online censorship. Follow him connected Twitter @LucasNolan

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