- Elon Musk has steered FTX cofounder Sam Bankman-Fried ought to go to jail.
- Musk mentioned of the crypto boss: “Let’s simply give him an grownup timeout within the massive home & transfer on.”
- This is not the primary time Musk has taken a swipe at Bankman-Fried following FTX’s collapse.
Elon Musk has steered FTX cofounder Sam Bankman-Fried ought to go to jail.
In response to a consumer’s tweet, saying Bankman-Fried did not want mentioning past his court docket date, Musk said on Saturday: “Agreed. Let’s simply give him an grownup timeout within the massive home & transfer on.”
The FTX cofounder is going through investigations after the dramatic collapse of his crypto empire final month. Bankman-Fried has been accused of mishandling buyer funds after at the very least $1 billion reportedly disappeared from the trade.
The US Justice Division can also be pushing for an unbiased examiner to analyze fraud allegations in opposition to FTX, regardless of Bankman-Fried stating he “did not ever attempt to commit fraud on anybody.”
It is not the primary time Musk has taken a swipe on the disgraced crypto boss. Final month, the Tesla CEO took purpose at Bankman-Fried’s historical past of investing in media retailers, which was reported by the NYT.
In addition to referencing Bankman-Fried’s media hyperlinks, Musk additionally mentioned his “bullshit meter was redlining” throughout a gathering with the FTX cofounder to debate a possible Twitter funding.
In a Twitter Area dialogue final month, Musk mentioned he felt there was “one thing improper” when he met Bankman-Fried on an unknown date.
Representatives for FTX and Musk didn’t instantly reply to Insider’s request for remark made exterior regular working hours.
