24/7 Cryptocurrency News

“This Dude is Full of Shit” Elon Musk Shares his Impression of SBF in a Twitter Space

Elon agreed with the host's stance on not storing crypto assets on exchanges, saying "Not your keys, not your wallet."
Published by
“This Dude is Full of Shit” Elon Musk Shares his Impression of SBF in a Twitter Space

In a Twitter Space hosted by Mario Nawfal, Twitter CEO Elon Musk shared his impression of Sam Bankman Fried when latter approached him regarding a potential investment in Twitter.

Bankman-Fried contacted Musk in March, expressing his desire to participate in Musk’s bid for Twitter. When asked about SBF’s involvement in the deal in the  ‘Emergency Space‘ on Twitter, Elon said  “I had never heard of him. People told me that he’s got money that he wants to invest. And I talked to him for about half an hour.”

Also Read: Reports Suggest More Than $1 B In Customer Funds Missing At FTX

“My bullshit metre was like redlighting. This dude is full of shit. That was my impression,” he said. Elon told the audience, “That dude is just so wrong. He does not have capital. And he will not come through. That was my prediction. And that’s definitely what happened.”

Later, the host asked Elon Musk what recommendation he would give to the crypto community as it scrambles to save itself post FTX’s meltdown. To this, Elon agreed with the host’s stance on not storing crypto assets on exchanges, saying “Not your keys, not your wallet.”

Also Read: US Midterm Elections and FTX Collapse: Here’s How Crypto Twitter is Reacting

Advertisement

Share
Dhirendra Kumar

Dhirendra is a writer, producer, and journalist who has worked in the media industry for more than 3 years. A technology enthusiast, a curious person who loves to research and know about things. When he is not working, you can find him reading and understanding the world through the lens of the Internet.

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • Bitcoin News

Michael Saylor Predicts Bitcoin Will Outperform S&P 500 Forever

Billionaire Michael Saylor has once again made a bold claim about Bitcoin’s (BTC) future. He…

September 20, 2025
  • 24/7 Cryptocurrency News

Crypto Market Eyes Upside as FTX Set to Repay $1.6B to Customers

The estate of the defunct crypto exchange FTX has revealed plans to distribute billions of…

September 20, 2025
  • 24/7 Cryptocurrency News

Elon Musk’s X Vows Crackdown on Bribery Network Behind Crypto Scam Accounts

X has vowed a strict crackdown after exposing a bribery network tied to crypto scam…

September 20, 2025
  • 24/7 Cryptocurrency News

Flare Unveils First XRP-Backed Stablecoin, Boosting XRP’s Utility

According to Flare Network, there’s now a stablecoin backed with XRP running on Enosys Liquity…

September 19, 2025
  • 24/7 Cryptocurrency News

MLP Bets Big on Climate Change: Favours Play-To-Impact, Over Play-To-Earn

Amidst increasing criticism of the popular play-to-earn model due to its unsustainability, a new chapter…

September 19, 2025
  • 24/7 Cryptocurrency News

MetaMask to Integrate Hyperliquid’s Perpetuals In-Wallet Following mUSD Launch

Crypto wallet MetaMask looks set to integrate Hyperliquid's perpetuals trading on its platform. This development…

September 19, 2025