Elon Musk is using the same leadership playbook at Twitter that he has at his other companies. It's proving to be a costly mistake.
What to know: Musk has a well-earned reputation for being among the most demanding and capricious bosses in the history of corporate America. Past and present employees tell of being assigned tasks with cost or timeline objectives that seem impossible, often with their jobs hanging in the balance.
Crypto lender BlockFi announced on Twitter that it would halt withdrawals per its terms and conditions, blaming "lack of clarity" into FTX — which has extended it a line of credit — and its affiliated companies.
What they're saying: "We are shocked and dismayed by the news regarding FTX and Alameda," a letter attached to the company's tweet said. "We are not able to operate business as usual."
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