Kevin O’Leary is a Canadian entrepreneur, investor and TV personality. He is the co-founder of the software company ‘SoftKey.’
Some time ago, on December 14, 2022, Kevin O’Leary made it clear that he became a spokesperson at the FTX exchange by receiving $15 million in money, which then when the exchange was destroyed, all the assets he held became worthless. Kevin O’Leary blames BINANCE for the crash the FTX exchange has experienced
“I have an opinion, I don’t have the records. These two behemoths that own the unregulated market together and released incredible businesses in terms of growth, were at war with each other. And the one put the other one out of business, intentionally.”
Senate Banking hearing on the downfall of cryptocurrency exchange FTX — 12/14/22 — YouTube
Kevin O’Leary looks serious in responding to this problem, Binance is the main cause of the collapse of FTX. However, an exchange is supposed to have good financial management in order to be able to handle events such as large withdrawals.
Reflecting on BINANCE. Some time ago the exchange received a lot of FUD / bad news which made many investors withdraw their funds from the exchange, but BINANCE is still optimistic and operating smoothly even though there was a pending.
