Biden/Bankman-Fried Connection plus MORE

FTX Founder Sam Bankman-Fried Lists Bahamas Penthouse For $40 Million
by Tyler Durden
Tuesday, Nov 15, 2022 - 02:49 AM

FTX founder Sam Bankman-Fried has listed his Bahamas penthouse for sale at $39,500,000 following the collapse of his net worth when his crypto exchange imploded.



The 12,000 square-ft, five bedroom residence is located in the luxury Albany resort was listed last week, according to Semafor, however the realtor declined to name the owner. That said, people close to current and former FTX employees who have been at the residence confirmed that it was SBF's pad.


MORE HERE: https://www.zerohedge.com/political/ftx-founder-sam-bankman-fried-lists-bahamas-penthouse-40-million?utm_source=&utm_medium=email&utm_campaign=1069

"He Set Off My BS Detector": Elon Musk Passed On Having Sam Bankman-Fried As Investor In Twitter
by Tyler Durden
Tuesday, Nov 15, 2022 - 10:30 AM

While Elon Musk is certainly busy dealing with his own set of problems in the world of Tesla and Twitter, one thing he doesn't have to worry about is being entangled with the now-defunct FTX, or its founder, Sam Bankman-Fried.



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.'"
At the time, it prompted Musk to ask: "Does Sam actually have $3B liquid?"

MORE HERE: https://www.zerohedge.com/markets/he-set-my-bs-detector-elon-musk-passed-having-sam-bankman-fried-investor-twitter?utm_source=&utm_medium=email&utm_campaign=1069