Kevin O’Leary Plans To Recover Lost Funds From FTX Collapse
According to Kevin O’Leary in a recent interview with Yahoo Finance, FTX should go through a thorough forensic investigation so that investors and customers may find and recover their lost money as the majority of them don’t yet have a clear road to recovery.
Kevin O’Leary, a Shark Tank star, claims he has plans to get back the money he lost from the defunct cryptocurrency exchange FTX.
According to the venture capitalist, he’s one of the aggrieved parties that cannot track down the money he invested into the firm.
I’m one of them. That’s exactly what happened to me, and I intend to fix it. I’m gonna go after that money, I want it back, I have the resources to do it, I’m very fortunate that I have millions of followers, I’m going to take them on the journey and I’m going to get the money back.Kevin O’Leary said
In addition, the Chairman of O’Shares and Beanstox affirmed that he will find the roots of FTX’s collapse as it is 100% auditable.
I don’t care if it takes three, four, five, six, seven years, it doesn’t matter to me, you can’t take my money and expect me to do nothing, I go after it, just like other institutions will do the same thing.
The business mogul continued by forcing Sam Bankman-Fried, and the company handling the cryptocurrency exchange’s bankruptcy to be open and honest about the circumstances surrounding the collapse of the exchange.
Every lawyer and his dog is going after this thing right now, trying to figure out what happened. But we don’t know anything yet. So why don’t we just get the facts first? And if Sam Bankman-Fried can shine light on the facts.
According to Kevin O’Leary, there should be a talk to those that are going to go through the bankruptcy process, and that’s the same team that did Enron. He wants total transparency on everything, including access to his account and all the information there.
Before this is over, I’ll be able to, in my own team, reconstruct every single transaction that occurred because you can’t take them off the blockchain and I’ll access them by the time I finish litigating every transfer.”Kevin O’Leary added
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