It is claimed that Sam Bankman-Fried, CEO of FTX, one of the world’s largest cryptocurrency exchanges, owns approximately $ 50 to $ 100 million in shares on Twitter.
CEO of electric vehicle giant Tesla Elon Musk, October 27 announced that it has officially acquired the social networking site Twitter. Musk’s company a private business trading of Twitter shares on the stock market. will prevent on the market on Twitter shares of crypto billionaires It came up.
Speaking to The Block, a source previously considered being involved in Musk’s Twitter acquisition. Sam Bankman-Fried on social networking site worth $100 million He claimed to own shares.
Source: Musk $44 billion Bankman-Fried’s purchase ownership rate approximately to 0.2% stated that it was removed. What Bankman-Fried will do with its shares is currently unknown. Experts underlined that if the crypto CEO sells his shares, he can create close to $ 100 million in cash.
Also the CEO’s, Musk’s Twitter plans to be a part of the procurement process. but after a conversation between his advisor and Musk abandoned his plan included among the information conveyed by the source.
According to recent reports, Sam Bankman-Fried’s adviser contacted Musk in March and wanted to set up a meeting between the two about the purchase of the social networking site. The consultant stated that Bankman-Fried is interested in the acquisition and 8-15 billion dollars indicated that he could contribute. However, Musk did not agree with the offer for an unknown reason. was not interested.