Kevin O’Leary was paid $15M to promote crypto

[lkn]

 

Kevin O’Leary has been mentioned as one of the arguments to buy crypto, i.e. he is a famous investor known from Shark Tank, so surely, if he invests, it must be good.

 

It turns out that he was paid just under $15M by FTX to promote their exchange, and he did it with laughingly little due diligence. In August of 2021 he wrote that FTX “Finally solved my compliance problems with #cryptocurrencies” and that FTX met his own rigorous standards.

 

The bankruptcy lawyer for FTX called their risk, audit and compliance procedures “a complete failure of corporate controls” and when asked on CNBC if he knew that FTX did not have a CFO, O’Leary deflected.

 

DYOR ????

Edited December 9, 2022 by lkn

[ozimoron]

There's a crypto forum for this.

[stoner]

you mean the same trusting guy who said he would fire his own mother. the same guy who had his wife take the fall for the boat accident.

 

hes scum.