Kevin O’Leary, a former paid spokesperson for the company and investor in the FTX exchange, recently used Twitter to express his unwavering support for the FTX founder, even after SBF was detained on December 12.
Kevin has said that he would rather invest in a business owner who has previously felt the anguish of failure. This is due to the fact that these people can appreciate how difficult it is to start a new business.
On Wednesday, O’Leary spoke before the Senate, defending Sam Bankman-Fried while criticizing FTX’s competitor exchange Binance and its CEO Changpeng “CZ” Zhao. When dealing with FTX, CZ allegedly refused to abide by the data standards set forth by a number of distinct jurisdictions and consciously intended to drive the competing cryptocurrency exchange “out of business.”
This resulted in a violent argument between the two, during which the CEO of Binance even publicly referred to Kevin O’Leary as a “liar” for giving the Senate false information about his Binance exchange.
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