The centibillionaire has revealed why he turned down the offer of Sam Bankman-Fried earlier this year
The @TechEmails Twitter account shared screenshots of correspondence between Michael Grimes, who was described as “Musk’s banker” by the same account earlier this year.
In that correspondence, Grimes suggested that Elon Musk met with FTX founder Sam Bankman-Fried to discuss their potential partnership regarding purchasing Twitter.
“He set off the BS detector”
According to Grimes, Bankman-Fried offered to invest $1 to $5 billion in the acquisition deal. He once offered to help Musk transition Twitter based on blockchain.
Musk then explained his vision that Twitter on blockchain in impossible due to inability of the peer-to-peer network to support bandwidth and latency requirements.
In the correspondence, Musk asked Grimes whether Bankman-Fried definitely had $1-$5 billion.
Today, on November 12, Elon Musk responded to that tweet of @TechEmails, confirming that the screenshots were genuine. He also provided the reason why he rejected offer of the FTX founder – “he set off by BS detector”, Musk tweeted.
For this reason, he did not believe that the founder of FTX had the money that he offered to invest in the purchase of Twitter.
Now, Musk is slamming Bankman-Fried on Twitter, posting a Pornhub meme about FTX CEO.
FTX Hacked, Funds Going to a Non Wallet
News has been spread on Twitter that hackers have attacked FTX and are withdrawing huge amounts of crypto. Tether has blocked transactions worth a little over $31 million.
Elon Musk, in his recent tweet, acknowledged that Twitter’s contribution to FTX “meltdown/ransack” being tracked in real-time.
@PeckShieldAlert is reporting that crypto is being withdrawn from various FTX wallets and sent to an unnamed wallet at 0x59AB…32b.
Multiple screenshots of crypto being moved from FTX have been published in the thread.
