Twitter CEO Elon Musk fired a shot at Senate Democrats on Friday after several members wrote a letter to the Federal Trade Commission asking them to investigate any potential consent decrees or violated consumer protection laws. by the social media giant.
Musk mocked senators for calling for an investigation while remaining silent on the historic implosion of cryptocurrency exchange firm FTX, which filed for bankruptcy after losing billions of dollars.
He made his point by tweeting a meme showing two rhinos mating behind a wildlife photographer who pays no attention to the scene.
“Senators call to investigate Twitter,” says the text above the photographer.
“FTX is losing $1 billion in client funds,” he says of the rhinos.
On Thursday, seven Democrats sent a letter to FTC Chair Lina Khan accusing Twitter of “serious and willful disregard for the safety and security of its users” and alleging that Musk has “taken alarming actions that have undermined the integrity and security of the platform,” since its $44 billion buyout, Fox Business reported.
The letter was signed by Dianne Feinstein (D-Calif.), Richard Blumenthal (D-Conn), Ben Ray Luján (DN.M.), Elizabeth Warren (D-Mass.), Ed Markey (D-Mass.) , Bob Menendez (DN.J.). and Cory Booker (DN.J.).
FTX suffered a $16 billion meltdown amid reports that co-founder Sam Bankman-Fried funneled money to a sister trading company run by his girlfriend. The company is said to have lost up to $2 billion or more in missing customer funds.
In a court filing earlier this week, lawyers for FTX said there were already more than 100,000 claims against the company and estimated that figure could reach more than a million, mostly customers. , once the bankruptcy case is completed.
New York Post