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FTX Ex-CEO Still Owns $100M Twitter Shares

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Semafor reports that Elon Musk requested SBF to convert his publicly traded Twitter shares into a stake at Musk's privately held company.

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Bankman-Fried asked him to convert his shares before the FTX Bankruptcy.

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According to Semafor, an FTX balance sheet for this month listed Twitter shares as an "illiquid asset."

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Earlier, Musk and SBF's advisor exchanged text messages. 

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They revealed that the FTX founder wanted to invest as high as $5 billion in Musk's $44 billion deal.

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Musk claimed that SBF was responsible for the collapse of FTX and that he had proposed to invest $ 3 billion in it.

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Musk stated in a Twitter Space that he didn't trust SBF to fulfill his investment, despite everything said about him.

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Twitter and FTX did not confirm if the series of incidents were true.

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