• About
  • Contact
  • DMCA
  • Terms and Conditions
  • Privacy Policy
Altcoin Central
News for the Crypto Community
  • Bitcoin
  • Ripple
  • Crypto
  • Blockchain
  • Mining
  • About
  • Contact

oleary-ftx.jpg

Crypto

Kevin O’Leary Reveals FTX Paid Him $15 Million to Become a Spokesperson for the Exchange – Featured Bitcoin News

admin December 9, 2022

Tweet

, 2022-12-08 22:32:01,

Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has revealed that the collapsed crypto exchange FTX paid him about $15 million to become its spokesperson. “I put about $9.7 million into crypto. I think that’s what I lost. I don’t know. It’s all at zero,” O’Leary said.

Kevin O’Leary Was Paid $15M by FTX

Shark Tank star Kevin O’Leary revealed in an interview with CNBC Thursday that the collapsed crypto exchange FTX paid him about $15 million last year to become its spokesperson.

Noting that he fell prey to “groupthink,” O’Leary detailed:

Total deal was just under $15 million, all in … I put about $9.7 million into crypto. I think that’s what I lost. I don’t know. It’s all at zero.

The Shark Tank star further revealed that he also had over $1 million of FTX equity, which is now rendered worthless due to the bankruptcy protection process. In addition, Mr. Wonderful explained that the balance of a little over $4 million was purportedly eaten up by taxation and agent fees. He admitted:

It was not a good investment.

FTX filed for bankruptcy on Nov. 11 and Sam Bankman-Fried (SBF) stepped down as the CEO. The company is now being investigated for mishandling customer funds. FTX’s new CEO, John Ray, told the bankruptcy court: “Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here.”

Despite stating that he lost millions of dollars…

,
To read the original article from news.google.com Click here

PIA Logo Private Internet Access gives you unparalleled access to thousands of next-gen servers in over 83 countries and each US state. Your VPN experience will always be fast, smooth, and reliable.

Related Posts

1675094546_cryptocurrency-3424626_960_720.jpg

Crypto /

Cryptocurrency: The Future of Money or Just Another Fad?

1675086448_1.jpg

Crypto /

TraderX Launching Innovative White Label Solutions for Cryptocurrency Exchanges

1675069880_bitcoin-3890350_960_720.jpg

Crypto /

Best January since 2013? 5 things to know in Bitcoin this week

‹ Is The XRP Lawsuit Ending Soon? Top Ripple Lawyer Weighs In › HIVE Blockchain Provides November Production 2022 Update

Categories

  • Bitcoin (2,240)
  • Blockchain (1,172)
  • Crypto (1,709)
  • Mining (1,458)
  • Ripple (742)




Back to Top

Legal Stuff

  • DMCA
  • Privacy Policy
  • Terms and Conditions
Hostinger logo

Categories

  • Bitcoin
  • Blockchain
  • Crypto
  • Mining
  • Ripple
  • Altcoin Central – Latest news on Cryptocurrencies all in one place.
  • About
  • Contact
Copyright 2023 4 Hat LLC

DMCA - Terms and Conditions - Privacy Policy