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FTX’s Sam Bankman-Fried says he has no idea what happened to his $100 million stake in Twitter

Nishit Jogi by Nishit Jogi
November 30, 2022
in News
Reading Time: 1 min read
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Home » News » FTX’s Sam Bankman-Fried says he has no idea what happened to his $100 million stake in Twitter

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Sam Bankman-Fried, co-founder and former CEO of the defunct cryptocurrency exchange FTX, claims he has no idea what happened to his $100 million stake in Twitter. “I believe it was intended for Alameda to rollover at least $20 million or more,” Bankman-Fried told Axios on Monday, referring to the trading firm he also co-founded, Alameda Research. “I’m not sure whether that happened in the end.” Bankman-Fried went on to say that some of the stake may have been sold before Twitter went private in late October, but that he couldn’t confirm this. This comes just days after Musk claimed that Bankman-Fried had not invested in Twitter since it went private.

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