He is telling us that he invested billions in a company plus agreed to become its brand ambassador without having any idea about its operations. He is a businessman. on shark tanks he looks at every single nut and bolt of the business before investing even few hundred thousand dollars in it. His excuse just doesn’t pass the smell test. Every single celebrity who promoted ftx should be investigated
O’Leary said several times many companies in crypto going bankrupt is a good thing unfortunately for him it happened to a company he was heavily invested in.
@@stonecutter3099 I don’t know perhaps conspiracy, fraud, defrauding crypto investors ? It’s also interesting that fellow “equity holders in FTX Tom & Gisele filed for divorce just before the collapse? Also the Bahaman government seized half a billion in fake money ? Right before the BK filing. Who knew what and when ? Who received golden parachutes? Your boy Mr Not So Wonderful, I’m sure he’ll be ok. Put your diaper on. Mommy’s calling your milk is warm time for bed. 😎
If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you, prevent inflation from eroding your savings, build generational wealth, and cultivate good habits and financial knowledge, you must be in the market.
NOBODY BECOMES A MILLIONAIRE OR BILLIONAIRE BY WORKING FOR OTHERS AND DEPENDING ON THEM, GOOD INVESTMENT BRINGS MILLIONS OF DOLLARS AND CONSISTENCY BRINGS BILLIONS. THE MARKET IS ALL ABOUT CRYPTO NOW YOU MIGHT WANT TO LOOK INTO IT
As a beginner who don't understand how Bitcoin trade/forex trading really works and you really want to make profit from it. I will advise you to first start working with a professional broker
@Richard Lechner I strongly advise you against salf trading, it's really dangerous and had brought so many investors down, you need someone with the knowledge and strategies, someone dedicated to the crypto currency market business, and I will strongly recommend expert Mrs Bruce Christelle
No he didn't cause anything. He was sponsored by them. He was transparent and said that. He's in the business of making himself money not YOU money. If someone isn't smart enough not to understand the difference between advice and an advertisement then that's on them.
@@bdegrds exactly, let those pathetically gullible btc bag holders go straight to financial hell. They more than deserve it. However that in no way gives this vile ugly bald headed fuck immunity from an investment fraud conviction.
@@d-rockanomaly9243 yes he is an investor, as well as a repugnant vile piece of shit INVESTMENT FRAUDSTER. Try to chew gum and walk at the same time, idiot.
I don’t think so because that’d mean he knew everything and he could go to jell with him or at least his reputation goes down. Even if he was able to withdraw his assets from ftx the smart think to do is to take the hit.
Notice how he emphasized nobody will identify whos wallet stolen money would go to. It makes sense why he was still defending sbf similar to nyt puff piece.
I just lost all my respect for Kevin O’Leary!!! can’t imagine how nonchalant he is about this scam and how so many people are losing their life savings. Absolutely disgusting. what a disgrace!!!!!!
Exactly! I'm puzzled by how nonchalant he is about it. So... he didn't lose big money in it then?? If so, he'd be pissed. And he isn't. So did he get his money out or he knew? There's more to this story.
The way kevin O’Leary manage this horrible situation make me think twice in making investments in anything related to him. He look able and trained to deceptive people.
A bit disappointing how chill Mr. O'leary is about all this. Like it's no big deal at all that he personally recommended that thousands of people open up accounts and put money with FTX. Maybe begin with an apology to all the people that got totally screwed because of your recommendation. Brutal.
In french we call people like O'leary : Bonimenteur. It describe someone who makes more or less artful remarks with the intention of persuading, seducing, deceiving.
Not sure how he vetted the team as its coming out the ftx team was full of random people that didn't have much experience. Probly just said since I know his parents it must be good.
I mean proper due diligence should not have been done only prior to investing. If I am an investor, the moment I know that the CEO created another company with officials so close to him (i.e.,) and did not do proper process of executive hiring in the open market, right there and then I will have a trust issue that something can happen that the related party will have the ability to commingle funds. That is the main reason why an investor of a company must do periodic due diligence and also force the creation of an oversight board that is unrelated to the officials of the company. That is covered under the corporate governance. Ask an auditor and they know about it. Now the USA auditors of the US entity, we have to ask them what have they done to uncover these related party transactions and have then been able to report this?
O'leary just could not answer the questions asked regarding his involvement in this FTX mess. What specific due diligence did he specifically fail at regarding this FTX disaster?????
@@jsfnnyc His reputation for many years of "due diligence" and other technical analysis, have now been flushed down the "poo poo" drain..............................
I invest with her too, she charges a 20% commission on profit made after every trading session which is fair compare to the effort she put in to make huge profits.
As a first time investor I started trading with edith with just a thousand bucks. my portfolio is worth much more than that now within just weeks of trading with her.
Wow. This really makes me question O'leary's ability to judge people based on real life factors. You cannot tell me that SBF was a "good guy", when right off the bat you find out he was into the whole 'polycule' lifestyle and try to say that it's part of a normal person's life. WRONG! The better and more entertaining analysis of SBF is that which Andrew Tate posted up not too long ago. SBF was a dork who got hold of lots of money, because he wanted to be part of a group of people that wouldn't have anything to do with him otherwise. Once among the elite, he just had no natural or built-up ability to navigate and 'the dark side' took over. PERIOD.
Honestly, this is the time to get into bitcoin. I swear every couple of years its the same play. Price goes down, everyone and everything who is overexposed gets swiftly and mercilessly punished by the market, public opinion shifts away from bitcoin, price plateaus, new cycle begins, new hype, new highs, rinse and repeat. Is this even news at this point?
The price of BTC declined over 15% and even trade below 16k. Binance opted out to bailFTX, resulting in an increase in selling pressure… this has caused all altcoins to follow suit at the moment, if BTC fails to recover by the next major support..then a massive lower low is expected. Florence Osborn stated her bullish stand on the market regardless of the market volatility and I’ve been able to make over 22.4btc from her insights and accurate daily signals using 3.7btc…staying one step ahead is always rewarding at this time.
My growing love for crypto caused me to explore until I came across Florence Osborn Crypto(although I'm trying to avoid sensationalism) she is by far the best. No hype for hype's sake, but great inspiration to trade Crypto.
Due to the resent fall in the crypto market, I don't think it's advisable selling, it would be more beneficial and yield more profit if you actually trade with Florence signals.
@@juthecomedian Companies charge hundreds of thousands to make sure your data pipeline is in line with security and compliance policies. Kevins and all others missed such a huge hole because they did not do the their job. Funny how they recommend us the regular Joe to do 'Project Research'. The pros have the resources and they still don't do their job.
Can’t blame others for your lack of knowledge in this space if you don’t understand how it works keep your money under your mattress. That being said I do feel for people that lost and I do feel like Kevin is a dirt bag he knew what was going to happen he knew he could make a quick dollar.
I like you Kevin but you cannot defend Sam at this time. He misappropriated customer funds. There is no defending criminal behaviour no matter how genius he is or how much a nice guy he is.
Crypto doesn't need regulation. There are already laws against fraud that should be enforced. Beyond that, caveat emptor. Don't spend taxpayer money trying to legitimatize crypto, you are just setting taxpayers up to bail out major crypto companies when they fail.
He is just making things seem rosy and all nice while promoting some stuff like bitbuy and wondfi Mr wonderful he is very well . I'm doubting he actually lost money. If sbf is in his good books then perhaps sbf did something for him to be in his good books
@@chillier8363 Media and their persons of choice or either-or, are just not acknowledging or reacting to entire picture. Regardless the South Park or Family guy crew can surely make a great movie from this.
He’s on the hook directly for losing people’s money. Notice how many times he says “sovereign wealth fund.” Something tells me he’s putting on a brave face but not sleeping well at night.
Ask Kevin who lent who money because I'm confused.. FTX lend to Alameda or did Alameda lend to FTX? Does Alameda own FTX? FTX spun out of Alameda Research, a quantitative trading firm, in 2019. Sam Bankman-Fried, CEO of FTX, owned a majority of both FTX and Alameda
😆😅🤣😂In late September 2021, the People’s Bank of China (PBOC) banned all cryptocurrency transactions. The PBOC cited the role of cryptocurrencies in facilitating financial crime as well as posing a growing risk to China’s financial system owing to their highly speculative nature.
@CoinDesk -> Kevin "A great platform" ... and ...great team but it makes absolutely no sense if there was corruption within, their compliance team is clearly flawed - for whatever reason it was, thats just ridiculous.
Kevin O'Leary was snowed by SBF and SBF's parents and FTX team. The response that he thinks even now that SBF doesn't have an evil bone in his body. KO didn't do real due diligence here and even now.
Always the sales man.. Voyager was a Canadian Listed Firm. They lost their Company based on not be FDIC Back.. Ended up being bidded out to FTX.. Kevin doesn't like the Bahamas anymore... Voyager was a company Based out of Singapore.. He is not even listening to himself talk at all.
Pretty high price to pay.. This was not planned. And historically.. this is why we have regulations.. just as we have contracts. Nobody likes getting screwed. So terms are negotiated.
Despite the dip in crypto, I still thank you for the level-headed financial advice. I started forex and crypto investment with $4,345 and since following you for few weeks now, I’ve gotten $18,539 in my portfolio. Thanks so much Mrs. Karen Cosmann.
I do not think that crypto will collapse completely and I am still pleased to see that almost all the cryptocurrency in my wallet is in green. Bitcoin, LEO, MATIC, Solana, but it is unclear how long this will last.
Of course it doesn't kill crypto. As it is not crypto. Ftx was not crypto. The coins that are simply made by exchanges aren't worth shit, this is all it proves.
Did the 15 million that he was paid by FTX come from client deposits..and ..also..how many people did he get to invest into FTX as the ambassador..as such... he is complicit in Sam Bankman-Fried's fraud..
Why was he lending customers funds. It was an exchange not an investment. Why does it cost hundreds of millions never mind billion to build an exchange. No one cares about his shares we are talking about some guy who stole customers funds from a client account. An exchange is not a bank it’s an exchange claiming to hold funds for clients looking to exchange crypto currency. No one cares about investors what about customers. Now before the dust has settled he has the cheek to recommend another exchange without addressing his paid influencer role with FTX.
Your channel is filled with valuable info! So excited today that I am comfortably earning $15,000/week with the knowledge you've shared. Thanks bud for all your hard work
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These two hosts are so rude and pathetically unprofessional with dumb questions trying to make Kevin admit to anything that would put him in prison. Kevin is not an idiot!!! He’s not going to criminalize himself regardless of what he knew or didn’t know.
That was a terribly poor way to end an interview. Where's the rest? I wanted to hear O'Leary's response to the Quadriga example. Poor journalism CoinDesk.
He is telling us that he invested billions in a company plus agreed to become its brand ambassador without having any idea about its operations. He is a businessman. on shark tanks he looks at every single nut and bolt of the business before investing even few hundred thousand dollars in it. His excuse just doesn’t pass the smell test. Every single celebrity who promoted ftx should be investigated
Block chain tech is so speculative and confusing I'm not surprised. Due diligence is probably very challenging
No it’s that SBF was a fraud from the start and he literally scammed everyone. He fooled everyone.
He just got greedy and overlooked all the red flags
O’Leary said several times many companies in crypto going bankrupt is a good thing unfortunately for him it happened to a company he was heavily invested in.
@@stevebento2711 actually not since it's super transparent since every transaction is on the Blockchain
O’Leary is responsible for a large number of people getting pulled into this scam and I hope he is held accountable for this.
Only an idiot would listen to O'Leary in the first place
Agreed
Mr Not-So-Wonderful needs a good lawyer.
@@gregthomas2448 a good lawyer for what? Lol he lost money good luck trying to sue him... thats a joke like your moms vagina...
@@stonecutter3099 I don’t know perhaps conspiracy, fraud, defrauding crypto investors ? It’s also interesting that fellow “equity holders in FTX Tom & Gisele filed for divorce just before the collapse? Also the Bahaman government seized half a billion in fake money ? Right before the BK filing. Who knew what and when ? Who received golden parachutes? Your boy Mr Not So Wonderful, I’m sure he’ll be ok. Put your diaper on. Mommy’s calling your milk is warm time for bed. 😎
If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you, prevent inflation from eroding your savings, build generational wealth, and cultivate good habits and financial knowledge, you must be in the market.
Job will pay your bills, business will make you rich but investment make and keep you wealthy, the future is inevitable.
NOBODY BECOMES A MILLIONAIRE OR BILLIONAIRE BY WORKING FOR OTHERS AND DEPENDING ON THEM, GOOD INVESTMENT BRINGS MILLIONS OF DOLLARS AND CONSISTENCY BRINGS BILLIONS. THE MARKET IS ALL ABOUT CRYPTO NOW YOU MIGHT WANT TO LOOK INTO IT
As a beginner who don't understand how Bitcoin trade/forex trading really works and you really want to make profit from it. I will advise you to first start working with a professional broker
@Richard Lechner I strongly advise you against salf trading, it's really dangerous and had brought so many investors down, you need someone with the knowledge and strategies, someone dedicated to the crypto currency market business, and I will strongly recommend expert Mrs Bruce Christelle
Investing in crypto with expert Bruce Christelle has been one of most profitable thing I did
Cmmon he was promoting FTX. He actually caused people to loose money .
No he didn't cause anything. He was sponsored by them. He was transparent and said that. He's in the business of making himself money not YOU money. If someone isn't smart enough not to understand the difference between advice and an advertisement then that's on them.
he's an investor. Sometimes they're wrong.
@@bdegrds he said he did his due diligence and it's probably the safest way to invest in crypto
@@bdegrds exactly, let those pathetically gullible btc bag holders go straight to financial hell. They more than deserve it. However that in no way gives this vile ugly bald headed fuck immunity from an investment fraud conviction.
@@d-rockanomaly9243 yes he is an investor, as well as a repugnant vile piece of shit INVESTMENT FRAUDSTER. Try to chew gum and walk at the same time, idiot.
I am convinced O'leary was able to withdraw most of what he had on FTX but will never admit it ...
he has a ton of money probably didn't have that much in crypto against his % of net worth
Highly doubt that. He got burned but he's diversified though in other assets which helps him to take a blow such as with FTX.
They probly paid him 20 million and he used that 20million to invest in ftx. He's gonna be even at worst when he write down his lost.
I don’t think so because that’d mean he knew everything and he could go to jell with him or at least his reputation goes down. Even if he was able to withdraw his assets from ftx the smart think to do is to take the hit.
Notice how he emphasized nobody will identify whos wallet stolen money would go to. It makes sense why he was still defending sbf similar to nyt puff piece.
I just lost all my respect for Kevin O’Leary!!! can’t imagine how nonchalant he is about this scam and how so many people are losing their life savings. Absolutely disgusting. what a disgrace!!!!!!
Exactly! I'm puzzled by how nonchalant he is about it.
So... he didn't lose big money in it then?? If so, he'd be pissed.
And he isn't. So did he get his money out or he knew? There's more to this story.
AGREED
@@TheCanineclub he run with peoples money .He is hand in hand with Friedman !Is so hard for you guys to understand
He run with peoples money.He knew he won’t get arrested
STOP FEEDING THE MAGIC COIN INVESTMENT FRAUDS, and they will suffocate and die in their own financial corruption.
Mr. Wonderful and Sam Bankman-Fried are all the same. They talk on the regular don't believe anything they say.
The way kevin O’Leary manage this horrible situation make me think twice in making investments in anything related to him. He look able and trained to deceptive people.
Mr Wonderful has lost all of his street cred.
And why would anyone listen to this guy
He’s richer than you
@@officialtapentime4250 so was SBF. You gonna listen to him?
sounds like he's still very loyal to SBF
I think he stil has significant skin in the game so by law he can't say anything against him
@@santiagocarreno5881 Too much skin.
Kevin you built up ftx and you were a pass spokesman. So much for your advice!
A bit disappointing how chill Mr. O'leary is about all this. Like it's no big deal at all that he personally recommended that thousands of people open up accounts and put money with FTX. Maybe begin with an apology to all the people that got totally screwed because of your recommendation. Brutal.
This dude said he thinks it’s good there’s billions in poverty the super rich are not your ally
In french we call people like O'leary : Bonimenteur. It describe someone who makes more or less artful remarks with the intention of persuading, seducing, deceiving.
He's a grabbler
There was a class action lawsuit filed in Florida today against people like Kevin O'Leary, Tom Brady, Golden State Warriors and so on .......
Don't believe Oleary. He got a foot in the business and he is losing that that is why he is sugar coating it
Kevin O'Leary is claiming victim status but Kevin was a paid promotor of FTX & bears liability for his actions.
You can invest more and you will get there
@@KevinOLeary1 Some friends of mine need your address for service.
Hope Kevin goes to prison, this guy is dangerously wrong and corrupt. His reputation is sold and bought by greed.
Was only yesterday he was yelling about Apple's lack of transparency 😂😂 Apple not looking so bad now huh?
Not sure how he vetted the team as its coming out the ftx team was full of random people that didn't have much experience. Probly just said since I know his parents it must be good.
O’Leary talks crap, he is the problem. Crypto is going to end bad for all the dreamers.
I do not trust O'leary. With his experience? I don't buy it. He must have known something was wrong.
How can anyone take this guy seriously after this weeks SBF revelation/ fiasco. It’s beyond me!🤷♂️
More like a volunteer spokesperson at this point
😂
I mean proper due diligence should not have been done only prior to investing. If I am an investor, the moment I know that the CEO created another company with officials so close to him (i.e.,) and did not do proper process of executive hiring in the open market, right there and then I will have a trust issue that something can happen that the related party will have the ability to commingle funds. That is the main reason why an investor of a company must do periodic due diligence and also force the creation of an oversight board that is unrelated to the officials of the company. That is covered under the corporate governance. Ask an auditor and they know about it. Now the USA auditors of the US entity, we have to ask them what have they done to uncover these related party transactions and have then been able to report this?
Tell him the US GOVERNMENT forgiving student loans does not kill America.
O'leary just could not answer the questions asked regarding his involvement in this FTX mess. What specific due diligence did he specifically fail at regarding this
FTX disaster?????
He’s in deep poo poo.
@@jsfnnyc His reputation for many years of "due diligence" and other technical analysis, have now been flushed down the "poo poo" drain..............................
Sounds like a lot of backtracking on positions. I’m would not want to be in Mr. O’Leary’s shoes.
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This guy must be prosecuted, he is a paid promoter of ftx. what about accountability Kevin?
lol prosecuted for what? FTX isn't a scam. It failed.
@@d-rockanomaly9243 it is a scam, worse than a scam, a money laundering scheme. but i guess you're drinking the kool aid
Mr Wonderful gets paid by FTX. Why would you expect him to say anything bad about them.
Wow. This really makes me question O'leary's ability to judge people based on real life factors.
You cannot tell me that SBF was a "good guy", when right off the bat you find out he was into the whole 'polycule' lifestyle and try to say that it's part of a normal person's life. WRONG!
The better and more entertaining analysis of SBF is that which Andrew Tate posted up not too long ago. SBF was a dork who got hold of lots of money, because he wanted to be part of a group of people that wouldn't have anything to do with him otherwise. Once among the elite, he just had no natural or built-up ability to navigate and 'the dark side' took over. PERIOD.
Complete crypto bag holder!! He wants you to buy his crypto garbage!!!
We got rugged pulled, by Celsius, Voyager, 3 arrows, and FTX.
Don’t forget Luna
Honestly, this is the time to get into bitcoin. I swear every couple of years its the same play. Price goes down, everyone and everything who is overexposed gets swiftly and mercilessly punished by the market, public opinion shifts away from bitcoin, price plateaus, new cycle begins, new hype, new highs, rinse and repeat.
Is this even news at this point?
You guys deserved it
Hope you lost all
Crypto is a scam and you decided to
Hand out your money
@@jmtm82 awe what a sweet message thanks ☺️
😂 good for you guys.
The price of BTC declined over 15% and even trade below 16k. Binance opted out to bailFTX, resulting in an increase in selling pressure… this has caused all altcoins to follow suit at the moment, if BTC fails to recover by the next major support..then a massive lower low is expected. Florence Osborn stated her bullish stand on the market regardless of the market volatility and I’ve been able to make over 22.4btc from her insights and accurate daily signals using 3.7btc…staying one step ahead is always rewarding at this time.
My growing love for crypto caused me to explore until I came across Florence Osborn Crypto(although I'm trying to avoid sensationalism) she is by far the best. No hype for hype's sake, but great inspiration to trade Crypto.
The fact that i got to learn and earn from her program is everything to me think about it, it's a win win for both ways.
Due to the resent fall in the crypto market, I don't think it's advisable selling, it would be more beneficial and yield more profit if you actually trade with Florence signals.
I lost so much money trading on my own, I think I'm motivated to trading again but this time with she thanks for sharing her contact.
Kevin O'Leary, now the most gullible person on TV.
His auditors and accountants let him down. He was the victim of a shark attack.
We don't like SBF he's not Wonderful... U ain't so Wonderful either after backing him and saying u still would do business with him...
Crypto is dead. Only a matter of time before another Terraluna and FTX happens
Billionaire doesn't matter when they loose money. It matters only to Common Man when they loose the money.
Kevin's not a billionaire.
Wtf he just said SBF is “brilliant” what
Kevin dismissed the wrong doing. The pros are as dumb as the joe smos. Why did he get a pass?????
Right because I'm a regular joe and have yet to get duped. Mark Cuban fell for a scam too.
@@juthecomedian Companies charge hundreds of thousands to make sure your data pipeline is in line with security and compliance policies. Kevins and all others missed such a huge hole because they did not do the their job. Funny how they recommend us the regular Joe to do 'Project Research'. The pros have the resources and they still don't do their job.
O'leary acts like he wants to put the blame on The US Regulatory System for someone he wholeheartedly supported.
Can’t blame others for your lack of knowledge in this space if you don’t understand how it works keep your money under your mattress. That being said I do feel for people that lost and I do feel like Kevin is a dirt bag he knew what was going to happen he knew he could make a quick dollar.
Where’s the accountability on not doing any DD!??? Meeting his parents isn’t enough sir, I mean they didn’t even have a board of directors! 🤦♂️
🙂
I like you Kevin but you cannot defend Sam at this time. He misappropriated customer funds. There is no defending criminal behaviour no matter how genius he is or how much a nice guy he is.
Oc course not, Kevin. Scammers need more of your money. How long?
I know it’s not cool to admit you eFFed up this time but come on…
Crypto doesn't need regulation. There are already laws against fraud that should be enforced. Beyond that, caveat emptor. Don't spend taxpayer money trying to legitimatize crypto, you are just setting taxpayers up to bail out major crypto companies when they fail.
If the fed does there job. Bitcoin will go the same way. The worlds central banks will never let them rain on their parade.
C’mon Kevin, you’re smarter than that. Bernie Madoff was regulated, what happen there?
Sbf can go to an American JAIL
He is just making things seem rosy and all nice while promoting some stuff like bitbuy and wondfi Mr wonderful he is very well . I'm doubting he actually lost money. If sbf is in his good books then perhaps sbf did something for him to be in his good books
"People who KNEW Sam" "what a wonderful guy he WAS" Why is he talking in past tense???........
Oleary acts so smart...but wants us to believe he got duped..??!!
They have to make a South Park of this whole FTX episode really. A proper 2 hour movie.
I somehow dont know if Kevin is influenced.
Read the writing on the wall
@@chillier8363 Media and their persons of choice or either-or, are just not acknowledging or reacting to entire picture. Regardless the South Park or Family guy crew can surely make a great movie from this.
So if you get regular updates of your account, clearly it can be easily faked so there is no way to make it transparent.
Everyone was warned about ftx from the very beginning only people who refuse to look in the mirror put all blame on ftx
this is what happens when you move on pure GREED!!
This guy is delusional and SBF was a great guy to invest 100 million and now it is stolen. He deserves losing all his money
Did he just say, “Lofty list of people. Tom Brady on down.”? OMG Since when is Tom Brady a financial advisor?
By philanthropic he means taking peoples money that was supposed to be going to one place, and instead giving those peoples money to a political party
Funny how mr regulation/ compliance himself got rug pulled
He’s on the hook directly for losing people’s money. Notice how many times he says “sovereign wealth fund.” Something tells me he’s putting on a brave face but not sleeping well at night.
Easy for you to say when you didnt lose everything 🙄 how is it an opportunity then?
lies lies lies
SBF is a bad dude. Not a nice guy.
This is just an old school guy talking up his bags. FTX won't kill crypto. But DeFi will. How many times do we need to teach you this lesson old man.
Ah Kevin O'Leary I remember you bashing bitcoin now you help run casino coin scams.
Ask Kevin who lent who money because I'm confused.. FTX lend to Alameda or did Alameda lend to FTX? Does Alameda own FTX?
FTX spun out of Alameda Research, a quantitative trading firm, in 2019. Sam Bankman-Fried, CEO of FTX, owned a majority of both FTX and Alameda
😆😅🤣😂In late September 2021, the People’s Bank of China (PBOC) banned all cryptocurrency transactions. The PBOC cited the role of cryptocurrencies in facilitating financial crime as well as posing a growing risk to China’s financial system owing to their highly speculative nature.
@CoinDesk -> Kevin "A great platform" ... and ...great team but it makes absolutely no sense if there was corruption within, their compliance team is clearly flawed - for whatever reason it was, thats just ridiculous.
KEVIN WHY YOU NEED TO REGULATE EMPTY BOX
Zero street credit left for Mr you know what’s his name
Not kills crypto, it kills crypto reputation of anyone associated
Kevin O'Leary was snowed by SBF and SBF's parents and FTX team. The response that he thinks even now that SBF doesn't have an evil bone in his body.
KO didn't do real due diligence here and even now.
Sorry Kevin, "I'm out!" 😅
The way he's defending SBF, I'm convinced O'Leary himself is involved in similar bad practices with his own companies.
Always the sales man.. Voyager was a Canadian Listed Firm. They lost their Company based on not be FDIC Back.. Ended up being bidded out to FTX.. Kevin doesn't like the Bahamas anymore... Voyager was a company Based out of Singapore.. He is not even listening to himself talk at all.
He predicted this month's ago, makes me wonder if this was a way to advance regulation
Pretty high price to pay..
This was not planned.
And historically.. this is why we have regulations.. just as we have contracts. Nobody likes getting screwed. So terms are negotiated.
@@Malfunkn guess he didn't think it would be his team to take the hit! Directly.
@@Malfunkn he would spend $8billion to be able to put his wealth in stable coins. It’s untouchable.
Despite the dip in crypto, I still thank you for the level-headed financial advice. I started forex and crypto investment with $4,345 and since following you for few weeks now, I’ve gotten $18,539 in my portfolio.
Thanks so much Mrs. Karen Cosmann.
I'm surprised you know her too. I've been making a lot of profits investing with her for a few months now.
Mrs Cosmann changed my life because of the high profits I got from investing with her.
I'm new at this, please how can i reach your broker
@@dr.albertroland You can communicate with her on telegam with the user name below
investwithcosmann💯
Kevin has lost credibility
This makes no sense, top financial analysts and auditors would not catch that FTX's balance sheet had a hole?
This was a terrible interview the way the interviewers cut him cut was 🤮
I do not think that crypto will collapse completely and I am still pleased to see that almost all the cryptocurrency in my wallet is in green. Bitcoin, LEO, MATIC, Solana, but it is unclear how long this will last.
He invested in FTX! Thought this guy was smart! Id never invest in any crypto crap! All a bunch of dirty schemes
Of course it doesn't kill crypto. As it is not crypto. Ftx was not crypto. The coins that are simply made by exchanges aren't worth shit, this is all it proves.
Sam sold fake btc and eth.
Did the 15 million that he was paid by FTX come from client deposits..and ..also..how many people did he get to invest into FTX as the ambassador..as such... he is complicit in Sam Bankman-Fried's fraud..
He clearly has his money back. He is till pumping it.
Girl asked stupid questions interrupting Kevin. She’s just annoying
Seeps like Kevin O'Leary is riding with the big ruggpulls.
Why was he lending customers funds. It was an exchange not an investment. Why does it cost hundreds of millions never mind billion to build an exchange. No one cares about his shares we are talking about some guy who stole customers funds from a client account. An exchange is not a bank it’s an exchange claiming to hold funds for clients looking to exchange crypto currency. No one cares about investors what about customers. Now before the dust has settled he has the cheek to recommend another exchange without addressing his paid influencer role with FTX.
He's right, in Canada we are protected by regulation. Sometimes it becomes too much lol.
He admitted that his FTX investment is going to have to be written down to ZERO ??
As long as people are GREED driven, crypto will always be alive. just like the casino. No ?
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Sounds pretty good. RUclipsrs never tell their real earnings to their subscribers, so sad😔. How were you able to achieve this?
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These two hosts are so rude and pathetically unprofessional with dumb questions trying to make Kevin admit to anything that would put him in prison. Kevin is not an idiot!!!
He’s not going to criminalize himself regardless of what he knew or didn’t know.
K O’Leary 🇨🇦 Hi i’m back 👋 and Sam’s parents were great 👍
That drop-out/glitch at 7:59 was a well-placed DEEP message, my UFO friends. Got it ;)
That was a terribly poor way to end an interview. Where's the rest? I wanted to hear O'Leary's response to the Quadriga example. Poor journalism CoinDesk.