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News

CZ Criticizes Kevin O’Leary For Standing With SBF

December 9, 2022 - Around 2 mins mins to read
Binance CEO Changpeng Zhao (CZ) slammed Shark Tank star Kevin O’Leary on Friday for defending former FTX CEO Sam Bankman-Fried.
CZ Criticizes Kevin O'Leary For Standing With SBF

CZ claims that Kevin O’Leary’s loss of $15 million from FTX as a spokesman has altered his mind regarding crypto. It also forced him to defend and support a fraudster who stole money from customers.

Kevin O’Leary, on the other hand, continues to defend SBF. During a CNBC Squawk Box interview, O’Leary defended SBF once more, saying he is innocent until proven guilty. In response, Binance CEO said:

CZ stated that the company does due diligence even after investing. Binance was an early investor in FTX, but the Alameda and SBF ties made them uneasy. Thus, they opted to depart.

Binance CEO stated that the company would quit the crypto exchange FTX in July 2021. Since then, FTX has invested more than $5.5 million in a variety of businesses.

CZ Criticizes Kevin O'Leary For Standing With SBF

When Binance withdrew as an investor, he claimed Sam-Bankman-Fried threatened Binance staff members. “We still have those text messages,” he claimed.

SBF only invested in friends from the media, politicians, and celebrities like Kevin after Binance’s leave, according to Binance CEO, who alleges SBF exploited his power to sway public opinion, including targeting him and others in the crypto company.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Harold

Coincu News

Binance

CZ

FTX

Kevin O'Leary

Sam Bankman-Fried

Author

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.
News

CZ Criticizes Kevin O’Leary For Standing With SBF

Binance CEO Changpeng Zhao (CZ) slammed Shark Tank star Kevin O’Leary on Friday for defending former FTX CEO Sam Bankman-Fried.
CZ Criticizes Kevin O'Leary For Standing With SBF

CZ claims that Kevin O’Leary’s loss of $15 million from FTX as a spokesman has altered his mind regarding crypto. It also forced him to defend and support a fraudster who stole money from customers.

Kevin O’Leary, on the other hand, continues to defend SBF. During a CNBC Squawk Box interview, O’Leary defended SBF once more, saying he is innocent until proven guilty. In response, Binance CEO said:

CZ stated that the company does due diligence even after investing. Binance was an early investor in FTX, but the Alameda and SBF ties made them uneasy. Thus, they opted to depart.

Binance CEO stated that the company would quit the crypto exchange FTX in July 2021. Since then, FTX has invested more than $5.5 million in a variety of businesses.

CZ Criticizes Kevin O'Leary For Standing With SBF

When Binance withdrew as an investor, he claimed Sam-Bankman-Fried threatened Binance staff members. “We still have those text messages,” he claimed.

SBF only invested in friends from the media, politicians, and celebrities like Kevin after Binance’s leave, according to Binance CEO, who alleges SBF exploited his power to sway public opinion, including targeting him and others in the crypto company.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Harold

Coincu News