Twitter CEO Elon Musk said FTX founder Sam Bankman-Fried’s donations in support of Democrats’ election endeavors could be over $1 billion.
What Happened: Musk made his comments while responding to a tweet from Will Manidis, the CEO of ScienceIO, a healthcare AI platform.
Manidis said Bankman-Fried donating $40 million “to not go to jail for stealing $10b+ is one of the highest ROI trades of all time.”
That’s just the publicly disclosed number. His actual support of Dem elections is probably over $1B. The money went somewhere, so where did it go?
— Elon Musk (@elonmusk) December 3, 2022
The Tesla and SpaceX CEO responded by saying, “That’s just the publicly disclosed number. His actual support of Dem elections is probably over $1B.”
Musk asked, “The money went somewhere, so where did it go?”
See Also: How To Invest In Tech Startups
Calls for the prosecution of Bankman-Fried have been coming from other quarters as well. Galaxy Digital CEO Mike Novogratz called for the cryptocurrency entrepreneur to be prosecuted for perpetuating a large fraud.
Dallas Mavericks owner Mark Cuban said recently that he’d be worried about going to jail if he were Bankman-Fried.
Photo courtesy: Thomas Hawk on Flickr