All news

Kiev should sign peace treaty, but this will spell end of grift for many, billionaire says

"The longer the war goes on, the more territory Ukraine will lose," David Sacks added

NEW YORK, November 12. /TASS/. US billionaire David Sacks believes it is obvious that Ukraine needs to begin peace talks and sign a peace treaty, but warned this would mark the end of a major grift for many.

"The obvious implication is that Ukraine should cut a deal now — but this means the end of the grift for many," he said on his X page. "The longer the war goes on, the more territory Ukraine will lose. This is a simple fact."

Previously, Russian President Vladimir Putin said that Russia has never rejected any negotiations on Ukraine, but such negotiations must be based on the parameters agreed upon in Istanbul, not some "ephemeral demands."