Kevin O'Leary Just Shocked Everyone With His Response To The FTX Collapse

Kevin O’Leary Simply Shocked Everybody With His Response To The FTX Collapse

by Jeremy

The limitless “this didn’t age nicely” sort sound bites of Kevin O’Leary selling FTX have made him the butt of many Twitter jokes within the crypto house throughout these previous few days. However whether or not you’re keen on him or hate him, Kevin just isn’t shying away from his failed endorsement and funding in FTX and Sam Bankman-Fried. In an interview with CryptoBanter, Kevin disclosed that he now has discovered a brand new place to park his crypto investments, which he believes is the one secure place on the earth for individuals who can’t use chilly storage. However one of many extra peculiar components of the interview occurred when Kevin was requested about Sam Bankman-Fried, from a private stage. Kevin was requested whether or not he had any resentment towards SBF and whether or not he would spend money on him once more.

In the previous few days, Bankman-Fried has displayed very questionable habits; from outright mendacity to prospects about liquidity, suggesting property had been “advantageous”, and enjoying cryptic twitter video games, to the legality of all of it, the place he’s alleged to be in the course of what could be, numerically talking at the very least, some of the fraudulent acts in monetary historical past. Sure, we’ve to let all of the playing cards play out and if there are any authorized ramifications, he will get his day in court docket. However this complete debacle has left a really dangerous style in everybody’s mouth, reminding the general public of high-level swindlers like Bernie Madoff, The Wolf of Wall Avenue’s Jordan Belfort, and Theranos’ Elizabeth Holmes, who left many individuals in monetary damage. But, O’Leary sees the “1% genius” facet of Bankman-Fried and gave a shocking response.

Kevin O’Leary, nicknamed “Mr. Great”, is a Canadian businessman, entrepreneur, and tv persona. O’Leary co-founded SoftKey Software program Merchandise, a expertise firm that bought software program geared towards household schooling and leisure. Throughout the late Nineteen Eighties and Nineties, SoftKey acquired rival corporations through hostile takeover bids, similar to Compton’s New Media, The Studying Firm, and Brøderbund. SoftKey later modified its identify to The Studying Firm and was acquired by Mattel in 1999, with the sale making O’Leary a multimillionaire.
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► To observe the total interview:
https://www.youtube.com/watch?v=k2K5X6CR–M&t=1837s

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Kevin O’Leary Simply Shocked Everybody With His Response To FTX Collapse

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