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IPFS News Link • Social Networking/Social Media

"He Set Off My BS Detector": Elon Musk Passed On Having Sam Bankman-Fried As Investor In T

• https://www.zerohedge.com, by Tyler Durden

That's because, according to Musk, Bankman-Fried set off his "BS detector" when he approached Musk about a potential investment in Twitter, according to Musk and a new Yahoo! Finance article.

The crypto tycoon turned likely fugitive on the run reached out to Musk in March of this year, the report says, through William MacAskill from FTX's Future Fund philanthropic arm.

Michael Grimes from Morgan Stanley, who was acting as Musk's banker on the deal, told him that SBF was read to pony up "at least $3 billion" to help fund the buyout of Twitter, the report says. In exchange for investing, Bankman-Fried reportedly "wanted to talk about the potential for 'social media blockchain integration.'"


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