Sam Bankman-Fried Is Weaponizing Twitter in FTX Bankruptcy: Law Firm
"One of the things that the debtors have been facing generally in these cases is assault by Twitter," said a lawyer for FTX.
Stay updated with breaking news from Rian Evans. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
"One of the things that the debtors have been facing generally in these cases is assault by Twitter," said a lawyer for FTX.
Morgan Stanley CEO James Gorman cited Musk's Tesla, SpaceX and the Boring Company, adding that Twitter is also a "great company."
"This is a rip the band-aid off moment to preserve margins and cut costs in a softer macro," Wedbush analyst Dan Ives said.
DCG is "strengthening our balance sheet by reducing operating expenses and preserving liquidity," according to a shareholder letter seen by Bloomberg.
News startup Semafor wants to repurchase Sam Bankman-Fried's $10 million investment and place the funds into a separate account for now.