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Kevin O’Leary Still Intent To Invest In FTX

Kevin O’Leary of Shark Tank said that if Sam Bankman-Fried had a new venture idea, he would support him again.

In the context of FTX is collapsing and facing large debts. Kevin O’Leary still believes that the former FTX CEO is one of the people he appreciates. He said in an interview with Onchain Capital CEO Ran Neuner on Crypto Banter:

“I think we can all admit — you can love him or hate him, given what’s happened — but he was one of the most brilliant traders in the crypto universe. He also built one of the most robust platforms. We used FTX actively. It was a very robust platform that allowed us to get information on a compliant basis, so I really liked what he built.”

He responded that he would support Bankman-Fried in a new venture when asked.

FTX is currently facing many difficulties since filing for bankruptcy. Sam Bankman-Fried has also made cryptic comments recently, claiming that FTX US still has enough capital to refund customers.

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Harold

CoinCu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

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