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Elon Musk Confirms Bankman-Fried Owns 0% of Twitter Despite Reports Claiming a $100M Stake

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Elon Musk Confirms Bankman-Fried Owns 0% of Twitter Despite Reports Claiming a $100M Stake - Bitcoin News

Quick Summary:

Tesla CEO and Twitter chief Elon Musk has clarified that Sam Bankman-Fried, former CEO of collapsed crypto exchange FTX, does not own any stake in Twitter.

This followed an article published by a Bankman-Fried-backed publication suggesting that Musk took $100 million from the former FTX executive.

The confirmation followed an article published Wednesday by Bankman-Fried-backed publication Semafor indicating that SBF owns a $100 million stake in the social media platform.


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Elon Musk Confirms Bankman-Fried Owns 0% of Twitter Despite Reports Claiming a $100M Stake - Bitcoin News (Picture 1)Elon Musk Confirms Bankman-Fried Owns 0% of Twitter Despite Reports Claiming a $100M Stake - Bitcoin News (Picture 2)Elon Musk Confirms Bankman-Fried Owns 0% of Twitter Despite Reports Claiming a $100M Stake - Bitcoin News (Picture 3)

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Article Details

Author / Journalist: Kevin Helms

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-11-25 @ 01:30:48 (1 weeks ago)

News Timezone: GMT +8:00

Ranking: #726 (out of 2245 stories this day)

News Source URL: news.bitcoin.com

Language: English

Article Length: 564 words

Reading Time: 4 minutes read

Sentences: 36 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoin News

News ID: 1920523

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About Bitcoin News

Bitcoin News Logo

Main Topics: Crypto

Official Website: news.bitcoin.com

Update Frequency: 16 posts per day

Year Established: 2008

Headquarters: Japan

News Last Updated: 8 hours ago

Coverage Areas: Japan

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #62

Publisher Details

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The story "Elon Musk Confirms Bankman-Fried Owns 0% of Twitter Despite Reports Claiming a $100M Stake" has 564 words across 36 sentences, which will take approximately 3 - 5 minutes for the average person to read.

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The story "Elon Musk Confirms Bankman-Fried Owns 0% of Twitter Despite Reports Claiming a $100M Stake" was covered 1 weeks ago by Bitcoin News, a news publisher based in Japan.

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Bitcoin News is a fully independent (privately-owned) news outlet established in 2008 that covers mostly crypto news.

The outlet is headquartered in Japan and publishes an average of 16 news stories per day.

It's most recent story was published 8 hours ago.

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  • URL: https://beamstart.com/news/elon-musk-confirms-bankman-fried-16693399482217

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