Elon Musk Explains Why He Rejected FTX Founder’s $3 Billion Offer to Buy Twitter

Nov 13,2022
Elon Musk Explains Why He Rejected FTX Founder’s $3 Billion Offer to Buy Twitter
  • "Ignited by BS detector"
  • FTX is attacked by hackers, and funds flow into secret wallet

@TechEmails' Twitter account shared a screenshot of Michael Grimes' communication. Earlier this year, she was called "Musk's financier" on the same account.

In that letter, Grimes proposed that Elon Musk meet with Nick Bankman Fried, the founder of FTX, to discuss their potential partnership in selecting Twitter.

"Ignited by BS detector"

According to Grimes, Bankman Fried clearly proposed to invest between 1 billion and 5 billion dollars in the recovery transaction. He said that once Twitter was acquired, he would help Musk transfer it to the blockchain basis.

Musk then answered its corporate vision, that is, Twitter in blockchain technology is impossible, because peer-to-peer networks cannot apply network bandwidth and delay time regulations.

In the letter, Musk asked Grimes if Bankman Fried really had 1 billion to 5 billion dollars.

Today, November 12, Elon Musk answered the @ TechEmails article and confirmed that the screenshot really exists. Musk wrote on Twitter that he also provided the main reason for rejecting the FTX founder's bidding - "This person was started by the BS detector".

For these reasons, she does not believe that the founder of FTX has enough money to invest in Twitter.

Now, Musk strongly criticized Bankman Fried on Twitter and released a Pornhub meme about FTX CEO.

FTX is attacked by hackers, and funds flow into secret wallet

According to media reports on Twitter, hackers have invaded FTX and revoked many cryptocurrencies. Tether froze a transaction, with the amount slightly exceeding $31 million.

Elon Musk recognized in his recent tweet that Twitter's contribution to FTX's "rout/looting" is being tracked in real time.

According to the data information of CoinDesk, about 600 million dollars of cryptocurrencies were stolen from the trading center that just announced bankruptcy.

@PeckShieldAlert has always reported that cryptocurrency has been obtained from multiple FTX wallets and sent to the cryptocurrency 0x59AB... 32b.

Several screen shots of mobile cryptocurrency from FTX are released in the process.