Kevin O’Leary on FTX collapse simple case of ‘where did the money go?’

#shorts
Shark Tank Investor and Crypto advocate Kevin O’Leary shared his perspective on the FTX collapse, Sam Bankman-Fried, CZ and Binance at the Senate Banking Committee hearing on December 14, 2022.

Don't Miss: Valley of Hype: The culture that built Elizabeth Holmes
WATCH HERE:

About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.

Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more.

Connect with Yahoo Finance:

[jackhummer]

Ponzi promoter should be held accountable.

[enriquegonzalez]

What a clown. He should be held accountable as well

[nj.]

Mr. Wonderful got eaten by his own Sharks from his tank. Priceless 😂

[Buxtonphil]

Kevin is clearly deeply involved in this.

[Monk-Amani.]

"I didn't know this at the time, " When did you?
He purchased, promoted, and played the public.
O'Leary didn't lose a penny.

[DeTrOiTXX]

This is a nasty stain on O'Leary's reputation, he attached his "good" name to this scam for a few million dollars that he didn't even need. Everyone has their price to get down on both knees I guess.

[alexmacphail]

A bigger shark has seemed to swallowed this one whole

[Morcap]

He [Kevin] is done. No-one in their right mind will ever listen to him. Unless is gambling advice. He was peddling this Ponzi - and others.. - without any due diligence whatsoever..

[moleculemagician]

Why did politicians and regulators set up a system where a company could so easily be put at the mercy of a competitor? I’m beginning to think that the level of corruption on this planet has gotten so high that it deserves a name change from Earth to Wormwood.

[DoGniT]

He’s talking in a way that protects them all!

[Fai_nice]

Moment of silence for all the investors 😢

[lfischer]

Every DIME TAKEN by POLITICIANS received from FTX should be given back to the bankruptcy attorney. To be given back to those who lost it. People lost their life savings.

[richardthomas]

“Apparently accordingly to” = “What had happened was”

[pz]

Ya money went from the average worker to Sam’s pocket and yours

[AAMM]

I didn't know this at the time, but i still threw $15M of my money into it.

[asolano]

KO needs to understand what CZ figured out months ago: the $32 Billion valuation was almost entirely based on the FTT token's highly-manipulated valuation and not real cash or assets. Any real cash was being used up faster than it was coming in.

[JCCharts]

Kevin O’Leary is about as trustworthy as SBF

[MiaKaiser]

Kevin Oleary should be jailed with SBF for taking $15mill stolen money and continue to be SBF's mouth piece🤦🏻‍♂

[juanosorio]

He remembers 24 mouths ago like it was yesterday and proceeds to throw someone else under the bus.

[dfjpr]

Scammy O Leary solved it. The $9 billion shortfall was caused by a $2 billion purchase settled with an invented FTT token