Tech billionaire Elon Musk once dismissed Sam Bankman-Fried's (SBF) attempt to set up a "Blockchain Twitter," raising questions about the seriousness of SBF and wondering if he even had the money to do it in the first place.
What Happened: Musk appeared dismissive about SBF's proposal to implement blockchain technology on Twitter, now X.
He underscored the technical difficulties associated with this, while also doubting SBF's financial position to undertake something like this.
Musk was responding to investment banker Michael Grimes, who is also the Managing Director of Morgan Stanley.
Grimes reached out to Musk to make him aware of SBF's attempts to partner with the tech billionaire.
Grimes' messages show SBF was interested in partnering with Musk even if their "Blockchain Twitter" idea did not excite Musk – the FTX founder was ready to help Musk acquire X by picking up a stake himself in the ...