In a Twitter Space hosted by Mario Nawfal, Twitter CEO Elon Musk shared his impression of Sam Bankman Fried when latter approached him regarding a potential investment in Twitter.
Bankman-Fried contacted Musk in March, expressing his desire to participate in Musk’s bid for Twitter. When asked about SBF’s involvement in the deal in the ‘Emergency Space‘ on Twitter, Elon said “I had never heard of him. People told me that he’s got money that he wants to invest. And I talked to him for about half an hour.”
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“My bullshit metre was like redlighting. This dude is full of shit. That was my impression,” he said. Elon told the audience, “That dude is just so wrong. He does not have capital. And he will not come through. That was my prediction. And that’s definitely what happened.”
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Elon Musk’s reaction to meeting SBF. Taken from an earlier Twitter spaces.
h/t @rugmedryadvertisement— Autism Capital 🧩 (@AutismCapital) November 12, 2022
Later, the host asked Elon Musk what recommendation he would give to the crypto community as it scrambles to save itself post FTX’s meltdown. To this, Elon agreed with the host’s stance on not storing crypto assets on exchanges, saying “Not your keys, not your wallet.”
Also Read: US Midterm Elections and FTX Collapse: Here’s How Crypto Twitter is Reacting
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