Elon Musk (Tesla & SpaceX CEO) and MicroStrategy’s Saylor slam WSJ for ‘giving foot massages’ to SBF

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Elon Musk (Tesla & SpaceX CEO) and MicroStrategy’s Saylor slam WSJ for ‘giving foot massages’ to SBF

The digital currency world continues  to to the FTX digital currency exchange collapse as questions emerge regarding the of former Sam Bankman-Fried in the crisis. Indeed, Tesla (NASDAQ: TSLA) CEO Elon Musk (Tesla & SpaceX CEO) has added to his earlier criticism of Bankman-Fried, this time questioning the media’s coverage of the embattled founder. This is after the Wall Street Journal ran a story titled ‘Sam Bankman-Fried’s Intends to Save the World Went in Flames‘ that was not received well by the Twitter (NYSE: TWTR) CEO. In a tweet on November 25, Musk blasted the outlet for what he termed as giving a ‘foot massage to a criminal.’At the same, former MicroStrategy CEO Michael Saylor likewise reacted to the publication appearing to give context to Musk’s of Sam Bankman-Fried as a criminal.  As reported by Saylor, the previous engineered a market tragedy through what he termed as counterfeiting’ billions in  tokens via securities fraud’. “Sam counterfeited billions in crypto tokens via securities fraud, inflated that by billions more via accounting fraud, confiscated billions from customers via fraud, corrupted the establishment with the dirty money, then panic sold billions in Bitcoin (BTC) to collapse the market,” Saylor said. Saylor added that Bankman-Fried had no initial strategy to save the world but to ‘steal the world.’ Notably, Finbold earlier reported that Musk hit out at Bankman-Fried’s character stating that during their first-ever interaction, his `bullshit meter was redlining’. It is worth noting following FTX’s collapse; a few have been calling for the prosecution of Bankman-Fried for allegedly misappropriating funds. For instance, Kiyosaki, author of the personal finance book “Rich Dad Poor Dad,” called Bankman-Fried  “the Bernie Madoff of crypto” rather than Warren Buffett of the sector.  Simultaneously, FTX, Bankman-Fried, and former exchange have been sued in an $11 Billion class action. The lawsuit alleged that FTX took advantage of unsophisticated investors to defraud them. Meanwhile,  FTX has since filed for bankruptcy as customers await a possible compensation plan. 

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