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After an apparent hack by bankrupt crypto lender FTX, Elon Musk quickly jumped into Twitter.
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The theft of hundreds of millions from company-controlled wallets resulted in Musk joining the Twitter fray.
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Musk joined a Twitter Space on Saturday at 2:30 AM EST to discuss hacking FTX and share his views on Bankman-Fried.
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Musk stated that he had never heard of FTX CEO. "But then, I got a lot of people telling me that he has enormous amounts of money and wants to invest it in the Twitter deal.
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He was friendly, and I spoke to him for half an hour. He was redlining my bullshit meter.
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It was almost like this guy was bullshit. That was my impression.
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"Then, I was like, man. Everyone, including central investment banks, talked about him as if he was walking on water and had a zillion bucks.
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That was not my impression. This dude is not just - he has capital and will not succeed. Musk said that this was his prediction.
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Musk advised listeners to keep their crypto in cold wallets and not on exchanges.
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Musk stated that it should not be stored in an exchange.
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"I believe there is probably a future in Bitcoin, Ethereum, or DOGE. I cannot speak for the other.
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