Kevin O'Leary has defended his support of the collapsed crypto exchange FTX and its former CEO Sam Bankman-Fried (SBF). cryptocurrency
him about $15 million to become its spokesperson, which the Shark Tank star said was lost when the exchange filed for bankruptcy.
When asked, “Are you still conflating money you got paid by FTX that you lost, or did you actually invest some of your own funds?” the Shark Tank star replied: “Money is fungible.” CNBC’s Joe Kernen then noted: “So you didn’t. Once again, you’re a venture investor whoO’Leary was then asked by Andrew Ross Sorkin: “What do you think happened? Do you believe this was a fraud?” Emphasizing that he doesn’t “have the facts” and theI’m looking for my records.
“Another little parable here you should understand,” O’Leary continued. He proceeded to explain that his birth father was Irish, adding that when he was young, his father told him: “Son, never call an Irishman a liar, unless you know with certainty that it’s true.” The Shark Tank star then asked his father: “Why is that dad?” His father replied: “Because the Irish are crazy.”At the end of the day I have no ill will towards this guy, but he’s part of the story too.
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