Elon Musk, CEO of Tesla and Chief of Twitter Former FTX CEO Sam Bankman-Fried (SBF) has probably donated over $1 billion to help the Democrats. Many accused Musk of making the accusations without providing evidence. “This statement is incredibly irresponsible,” one person commented.
Elon Musk believes SBF donated over $1 billion to Democrats
Tesla CEO and Twitter chief Elon Musk believes bankrupt crypto Currency exchange FTX has donated far more than its publicly disclosed amount to help Democrats in the election.
Bankman-Fried said that from 2021 he was in the 2022 election cycle, and the billionaire he was his second-largest contributor to the Democratic Party, behind George Soros. According to Opensecrets, he donated $39,884,256 to the Democratic Party before his FTX imploded and had to file for bankruptcy. An estimated 1 million customers and investors lost billions in the exchange’s collapse. FTX is currently under investigation for mishandling customer funds.
Musk’s statement said Bankman-Fried stole more than $10 billion and then sent $40 million to avoid imprisonment. Donating the dollar was in response to comments on Twitter that it was one of the highest return on investment (ROI) deals of all time. Musk insisted that $40 billion was just the published figure, pointing out that Bankman-Fried’s actual Democratic approval rating is “probably” higher than $1 billion. “The money went somewhere, where did it go?” the Tesla boss tweeted.
While his donations to the Democratic Party were public knowledge, Bankman-Fried said in an interview that he also donated a similar amount to the Republican Party. claimed to have donated But all his Republican donations have been “dark,” he said.
As of this writing, Musk’s tweet has garnered more than 4,500 comments. , has been liked more than 124,000 times. While some agreed with the Tesla CEO, many were shocked by Musk’s accusations and demanded the billionaire provide evidence to back up his statements.
“This is a literal misinformation,” exclaimed. Another wrote to: The third made aopinion. Some people reminded Musk that he had already explained that Bankman-Fried donated the same amount to Republicans. Twitter user Justin Higgins warned:
This statement is incredibly irresponsible. Musk has now made his Twitter a decidedly anti-Democrat company. Smart companies that want solid relationships with both parties in the Capitol don’t advertise on Twitter. Advertising on Twitter I don’t know how $ will return…
others One wondered why the SBF had not yet been imprisoned. “Can we all commit white-collar crimes and reward people?” asked. Many have stressed that they want the politicians to return the “stolen” funds they received from the former FTX CEO.
Image credit: Shutterstock, Pixabay, Wiki Commons