Abstract：Elon Musk ripped senators who called for an FTC investigation into Twitter rather than FTX, which lost over one billion dollars of customer funds.
On Nov 17, 2022, several of the senate Democrats sent a letter to FTC (Federal Trade Commission) Chair Lina Khan. Senator wrote to FTC Chair Khan: “We write regarding Twitter‘s serious, willful disregard for the safety and security of its users, and encourage the Federal Trade Commission (FTC) to investigate any breach of Twitter’s consent decree or other violations of our consumer protection laws… preventing managers and staff tasked with overseeing safety and legal compliance from reviewing the product updates. Moreover, key Twitter executives responsible for the platforms privacy, cybersecurity, and integrity resigned last week, further calling into question whether personal data is adequately protected from misuse or breach while the company explores new products and monetization strategies…”
On Nov 18.2022, Elon Musk ripped senators who called for an FTC investigation into Twitter rather than FTX, which lost over one billion dollars of customer funds.
Earlier, Sam Bankman-Fried claimed that he addressed his decision to funnel $10 billion in FTX customer funds to prop up Alameda Research, a trading firm run by his ex-girlfriend, Caroline Ellison. Of that money, at least 1 billion dollars of client funds are missing.
Before Sam Bankman-Fried stepped down amid the downfall of FTX, he was a major donor to Democratic Party candidates. He was the second-largest individual donor to Joe Biden in the 2020 presidential election. Therefore, Elon Musk accused the Democrats of biasechoosingoose a blind toe on their supporter.
When Elon Musk took over at Twitter, he forced employees to work overtime and laid off a large number of employees who did not meet his standards, which makes much upset.
On Nov 19, Elon Musk posted a picture of him and his employees at Twitter HQ on Twitter.
Some commentators on Twitter including Lauren Chen accused of gender discrimination under Musks leadership.
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