FTX: Not So Wonderful!

By Staff Reporters

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“It was not a good investment.”

Kevin O’Leary should stick to investing in things like pimple popping toys.

The Shark Tank’s “Mr. Wonderful” admitted he was paid $15 million to act as FTX’s spokesperson. And of the ~$9.7 million he put into crypto, “it’s all at zero,” he told CNBC.

Like Tom Brady and other celebs, O’Leary hyped FTX on social media and TV over the past year; now, he’s being named in a class-action lawsuit over the exchange’s implosion.

CITE: https://www.r2library.com/Resource/Title/082610254

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ORDER: https://www.amazon.com/Dictionary-Health-Information-Technology-Security/dp/0826149952/ref=sr_1_5?ie=UTF8&s=books&qid=1254413315&sr=1-5

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ORDER: https://www.routledge.com/Comprehensive-Financial-Planning-Strategies-for-Doctors-and-Advisors-Best/Marcinko-Hetico/p/book/9781482240283

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One Response

  1. FTX

    SBF will agree to return to the US. Ex-FTX CEO Sam Bankman-Fried will drop his fight against extradition from the Bahamas to the US where he’s facing fraud charges, his lawyer confirmed yesterday afternoon. He was expected to do so at a court hearing yesterday morning, but when he arrived in the courtroom, it seemed his lawyer was not among those informed of this plan—and he questioned what his client was doing in court at all.

    But after SBF was returned to jail, it seems he opted to move forward with the process, and the erstwhile crypto billionaire will now likely return to court later this week and could be put on a plane the same day.

    Karmine

    Like

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