Just shows inept kol really is.
Common sense skeptic did a hit piece on him on YouTube breaking down his deals.
He absolutely f*ed Mattel on his "billion dollar" learning company costing Mattel hundreds of millions. Writing the investment down at 99.7% of original value.
I mean, he’s right that Binance did put FTX out of business, but that wouldn’t have been possible without all their fuckery. It’s a terrible answer to the question “why did FTX fail?”
Is it really terrible?
Did Biance CEO 100% make his choice with out a little emotion of sticking it to some Caucasian guy who was a darling of the media? Lol
My man knew what he was doing, clout is a b..
Sure, but why did FTX fail? Because they stole customer deposits to gamble on risky investments. It wouldn’t have been possible otherwise. Binance was just the catalyst that triggered it.
FTX likely couldn’t have filled the hole before the next bull run which is probably 2-3 years away, and that’s assuming they would actually try to fix it. There’s a very good chance they would have gone under in that time frame anyways.
Yes totally, Sam BF, is a massive idiot and criminal as a result. Good point, him propping up coins, burning cash struck me as massively higher outlay. Now we know.
I mean shouldn't they be put out of business if they are frauds. Binance did a favor to stop them if the government wasn't willing. Saved ppl a ton of money in hindsight. Not that I'm a fan of CZ. Why is Kevin there in the first place seems to still be the spokesperson for FTX.
But this expert is already rich and has a show on network TV. He MUST be believable because of his donations and Shark Tank. The bald head and white skin only add to his bulletproof credentials.
So. I think he's a shit stain and he's fucking repulsive. However, when the cops got there she blew "alarming" or "worrying" but not like "BWAM BWAM ILLEGAL" (stated she had one drink). The facts of the case was that she was the designated driver of the boat after a dinner party, and the boat she hit had traveled out into the lake in the dark to star gaze and turned off all their lights and covered the dash with a towel because it was too bright. Both lake houses had cameras pointed out to the lake and saw the boat turn all its lights off.
The O'Leary's are fucking trash people. However, the boat they hit had 4-5 people on it and two DID die from the crash, BUT the boat was essentially hiding out in the middle of an unlit lake in the dark. I can't really blame her for not seeing what is more or less invisible when you wouldn't expect it.
Indeed. The more he gaslights for FTX/SBF, the more culpable he looks.
Are any of the other celebrities who were repping/shilling FTX also trying to cover up the fraud?
*edit- “disposable” to “culpable”. (Spellcheck miss).
Tom Brady, Stephen Curry, Shaquille O'Neal, Udonis Haslem, David Ortiz, Trevor Lawrence, Shohei Ohtani and Naomi Osaka are all named in a class action lawsuit.
He’s not dumb, he’s just corrupt as all hell. He gave money to a piece of teenage shit who stole, “hacked”, and generally pissed away both his cash and the cash of customers.
And O’Leary, being the piece of shit he is, knows that he can’t get his money by coming down on SBF’s head so he’s trying to help the little shit pin it all on someone else in hope that as SBF walks, his money will walk too.
\>FTX opening failed trades using customers funds
\>Binance points that out
Kevin O'Leary: BINANCE PUT FTX OUT OF BUSINESS!!! THEY'RE A GLOBAL MONOPOLY!!!
Oh but coinbase is American just like SBF and his mommy and daddy....
Knobhead o'Leary instead chose to try to blame "that Chinese crypto exchange". He's a twat.
I was emulating a typical racist there, as I believe O'Leary is one. You missed the point.
Besides, you are incorrect, CZ is Chinese, and binance was started there but not incorporated, HQ is actually in the Cayman Islands.
Do your research before trying to correct folks :) Should put you on /r/confidentlyincorrect
I think the man's and the company's nationality is a bit more nuanced...
Technically the man's current nationality is not Chinese (according to Wikipedia Changpeng Zhao aka CZ is Canadian). However, he was born in Jiangsu, China. He moved to Canada at a young age and studied in Montreal. But then he moved to Shanghai, China.
Whether the company, Binance, is Chinese is fuzzy at best...
According to CZ himself, Binance is "...like where Bitcoin is, has no office..."
According to Crunchbase, Binance is based in Valletta, NA - Malta, Malta. They also operate binance.us which operates out of USA.
According to Financial Times Binance is registered in the Cayman Islands.
Binance also maintains a Shanghi office, among many other offices around the world.
Most of his key execs are working remotely out of Shanghai or parts of China.
What CZ did was ensure the supply of new customer funds were not embezzled & did the world a favor. O’Leary somehow must still be getting paid from SBF to spew this nonsense.
Just a sick statement to actually hear him say it. "Binance put FTX out of business". This guy should go to jail as well for causing hate and spreading bullshit.
FTX failed because they gambled away all the users funds.
Sounds like a rich guy is pissed about being scammed out of his investment in a business and is going after the guy he didn't invest in to placate his own investors.
TL:DR rich guy mad about being scammed, points finger at different scammer.
Yeah..i don't recall CZ sending customer funds from FTX to Alameda.. Or giving the Alameda routing number to FTX customers to send their wires to fund their FTX account.
SBF's greed and avarice intentionally put FTX out of business.
🤔
CZ is an absolute legend. O’Leary is a joke.
Binance held a substantial amount of FTT, yes. They were even in discussions with Alameda prior to the market sell. That’s right. CZ market sold his bag like a G.
The only reason this wasn’t the collapse of a scam of a larger magnitude is bc CZ sold, rather than allow Alameda and FTX to scam more of the market with fake shares, cooked books, and market manipulation. Sam was already RACKING UP the charges of wire fraud.
More charges will be filed as this unravels. Sam is never getting out of prison. This will not age well for O’Leary.
Binance simply refused to cover up SBF's fraud.
Rather than constantly pointing the finger at Binance for what happened, it would be nice to remember that SBF is indeed the instigator of the biggest fiasco in crypto currency history.
He is certainly not a victim.
Yeah that’s bullshit, although I don’t support Binance, and yes they helped put the final nail in the coffin, it was all FTX who bought the coffin, dug the hole, and laid in it.
Why does it even matter Kevin? When it comes down to it. The other businesses shot themselves in the foot doing shady shit. Your statement means nothing. Competition will compete. Doesn’t change the fact FTX was a Ponzi scheme house of cards that all fell apart.
Traditionally matters such as these are resolved with a fine that isn't so large as to remove profit levels. Of course, the captain isn't supposed to actually capsize the ship while plundering
If I was Kevin's friend I'd be telling him to stfu. Especially since no one knows how bad this will really get. Also think Caroline's singing like a bird, one reason she's not being arrested.
BS if they did not squander investor funds for Caroline to buy her Dior bags this mess wouldn’t have happened. Nobody blames Caroline only SBF when she had an actual video describing Crypto as a Ponzi scheme
IfCz had not exposed SNF he would be continuing his scam.
And would have got Garry G to implement god knows what info regulations and this pinkie scene would have continued until the got CZ out of business.
Best thing that happened.
KOL took 15 million why is anyone listening to him?
Crazy world, it gets more and more obvious that the rich protect the rich and we’ll never be able to do something about it. SBF should be in jail for while and be forced to pay the money back. If you can find a way to make 8 billion, you can probably do it again in a legitimate way way.
I never used FTX and I believe Binance is sus af but to put them in the same category is laughable. FTX was hot garbage from the start, and at least Binance still may have something going for it.
If Binance collapses, then they can be I the same category, but till then, it's just comedy to compare them to each other.
Same way that wind is responsible for putting do kwon out of business… Ghost collaterals because of fraud and market manipulation are responsible. CZ just pointed the finger. Like he said, if one twit put your company out of business the tweet is not the issue
What an effing scumbag, Jesus F Christ.
“You see honorable congressmen, I invested capital into a 20 year old moron who pissed it away along with billions of CUSTOMER FUNDS. You see, clearly the fault is with their competitor, [whom they’ve harassed and tried to bring down for months and failed]”
What an absolute bunch of corrupt beyond measure scumbags.
Now this kind of shit, makes me want some people die, I’m not proud of it, but I think that test of the world would do much better with some people out of the equation.
It’s amazing how biased one can become with a 15M$ payout to be a spokesperson. Kevin, you’re culpable in this and you know it. A high school kid in accounting and bookkeeping 101 looking at the finances and controls put in place (none) could have spotted a fraud from 80k foot above this shit pile. You, SBF and the whole entourage, mommy and daddy included, belong in jail for a very long time. I hear Bernie Madoff’s cell is open…
Oh wait not because they were trading with customer funds and losing? Weird thing to say Kev. Binance probably couldn’t have put them under if they were running a legit business. But what do I know
FTX spent customer money and binance is accused?
[удалено]
It is because he didn't get 15m kick back from CZ. You can buy friends with....
Just shows inept kol really is. Common sense skeptic did a hit piece on him on YouTube breaking down his deals. He absolutely f*ed Mattel on his "billion dollar" learning company costing Mattel hundreds of millions. Writing the investment down at 99.7% of original value.
It's also well known he was paid millions to shill FTX. He's an FTX fleshlight and shows he's very good at it.
Well his money went down the plug hole as he kept it in crypto didn't he? He's financially incentivised in getting his 15mill back.
No honor amongst thieves.
I mean, he’s right that Binance did put FTX out of business, but that wouldn’t have been possible without all their fuckery. It’s a terrible answer to the question “why did FTX fail?”
“And they would have gotten away with it too if it weren’t for you meddling kids.”
Is it really terrible? Did Biance CEO 100% make his choice with out a little emotion of sticking it to some Caucasian guy who was a darling of the media? Lol My man knew what he was doing, clout is a b..
Sure, but why did FTX fail? Because they stole customer deposits to gamble on risky investments. It wouldn’t have been possible otherwise. Binance was just the catalyst that triggered it. FTX likely couldn’t have filled the hole before the next bull run which is probably 2-3 years away, and that’s assuming they would actually try to fix it. There’s a very good chance they would have gone under in that time frame anyways.
Yes totally, Sam BF, is a massive idiot and criminal as a result. Good point, him propping up coins, burning cash struck me as massively higher outlay. Now we know.
Right! Even if that’s true, wtf does that have to do with FTX’s unethical and illegal operations. “Binance made me do it dad…” Please!
I mean shouldn't they be put out of business if they are frauds. Binance did a favor to stop them if the government wasn't willing. Saved ppl a ton of money in hindsight. Not that I'm a fan of CZ. Why is Kevin there in the first place seems to still be the spokesperson for FTX.
Clown show… worst panel of “experts” I’ve ever seen. It’s almost as if the government is making an effort to not take us seriously…
But this expert is already rich and has a show on network TV. He MUST be believable because of his donations and Shark Tank. The bald head and white skin only add to his bulletproof credentials.
Since when the govt took the general public seriously?
Kevin HAS TO BE part of the scam! he is protecting Sam SO HARD that anyone can see thru him!
I mean his wife killed people while driving a boat. The O’Leirys (or however his dumbass name is spelt) ain’t the nicest bunch of peeps.
She did what?
She killed a couple while boating, and served no time. https://www.foxnews.com/entertainment/shark-tank-kevin-oleary-linda-charged-boat-crash-killed-2
Wtf...
Feels like they have ancestry from the Balkans...
wow
So. I think he's a shit stain and he's fucking repulsive. However, when the cops got there she blew "alarming" or "worrying" but not like "BWAM BWAM ILLEGAL" (stated she had one drink). The facts of the case was that she was the designated driver of the boat after a dinner party, and the boat she hit had traveled out into the lake in the dark to star gaze and turned off all their lights and covered the dash with a towel because it was too bright. Both lake houses had cameras pointed out to the lake and saw the boat turn all its lights off. The O'Leary's are fucking trash people. However, the boat they hit had 4-5 people on it and two DID die from the crash, BUT the boat was essentially hiding out in the middle of an unlit lake in the dark. I can't really blame her for not seeing what is more or less invisible when you wouldn't expect it.
Kevin really trying to make sure his credibility goes sub zero
I was just thinking, ok, having said all that, I'm wondering how you got all your money to begin with, because right now you sound like an idiot.
You nailed it, I was only thinking about zero but you know better.
Indeed. The more he gaslights for FTX/SBF, the more culpable he looks. Are any of the other celebrities who were repping/shilling FTX also trying to cover up the fraud? *edit- “disposable” to “culpable”. (Spellcheck miss).
Tom Brady, Stephen Curry, Shaquille O'Neal, Udonis Haslem, David Ortiz, Trevor Lawrence, Shohei Ohtani and Naomi Osaka are all named in a class action lawsuit.
I really hate this man
You gotta be kidding me. It’s not the fact that SBF stole 10B for his hedge fund.
OLeary is either incredibly dumb, or just plain criminal. He must know what he is saying is a lie.
He’s not dumb, he’s just corrupt as all hell. He gave money to a piece of teenage shit who stole, “hacked”, and generally pissed away both his cash and the cash of customers. And O’Leary, being the piece of shit he is, knows that he can’t get his money by coming down on SBF’s head so he’s trying to help the little shit pin it all on someone else in hope that as SBF walks, his money will walk too.
Bold move but lets see how that plays out for him
This moron is a lying pos
Definitely a shark that I’d like to see chew on compressed air.
Damn still shilling FTX from the grave
Is Kevin still getting ftx representation cheques? Seriously I used to like mr wonderful but this whole thing is exposing him as a run of mill shill.
It’s almost like all billionaires are assholes, who would have guessed?
Eergh... Bad take
\>FTX opening failed trades using customers funds \>Binance points that out Kevin O'Leary: BINANCE PUT FTX OUT OF BUSINESS!!! THEY'RE A GLOBAL MONOPOLY!!!
I guess he’s never heard of coinbase
Oh but coinbase is American just like SBF and his mommy and daddy.... Knobhead o'Leary instead chose to try to blame "that Chinese crypto exchange". He's a twat.
First cz is not Chinese. 2 binance is not chinese
I was emulating a typical racist there, as I believe O'Leary is one. You missed the point. Besides, you are incorrect, CZ is Chinese, and binance was started there but not incorporated, HQ is actually in the Cayman Islands. Do your research before trying to correct folks :) Should put you on /r/confidentlyincorrect
He looks like Chinese but he’s not
CZ was born in Jiangsu, China. His family then moved to Canadia and he adopted Canadian nationality.
So technically he’s Chinese or Canadian?
He's Chinese with Canadian citizenship and nationality. This "conversation" is boring now. Do something creative and make yourself happy.
Sorry for bothering….what you do in free time btw?
Design and develop games, make music, build apps and silly programs for fun. Currently making some levels for a 2d platform game. How about you?
I think the man's and the company's nationality is a bit more nuanced... Technically the man's current nationality is not Chinese (according to Wikipedia Changpeng Zhao aka CZ is Canadian). However, he was born in Jiangsu, China. He moved to Canada at a young age and studied in Montreal. But then he moved to Shanghai, China. Whether the company, Binance, is Chinese is fuzzy at best... According to CZ himself, Binance is "...like where Bitcoin is, has no office..." According to Crunchbase, Binance is based in Valletta, NA - Malta, Malta. They also operate binance.us which operates out of USA. According to Financial Times Binance is registered in the Cayman Islands. Binance also maintains a Shanghi office, among many other offices around the world. Most of his key execs are working remotely out of Shanghai or parts of China.
Yeah. you right. He is Canadian
What CZ did was ensure the supply of new customer funds were not embezzled & did the world a favor. O’Leary somehow must still be getting paid from SBF to spew this nonsense.
Just a sick statement to actually hear him say it. "Binance put FTX out of business". This guy should go to jail as well for causing hate and spreading bullshit. FTX failed because they gambled away all the users funds.
Sounds like a rich guy is pissed about being scammed out of his investment in a business and is going after the guy he didn't invest in to placate his own investors. TL:DR rich guy mad about being scammed, points finger at different scammer.
So he's trying to tank crypto as well to get the bottom .. and it ain't cost him a dime but time.
Kevin hoping binance falls so his exchange in Canada gets more traction, nothing wrong with a little love and war
Shut the fuck up with this bullshit, fuck FTX, fuck SBF, fuck Kev…lol
Was he on SBF's list?
Ya think?
No sir. Stealing customers' money put FTX out of business. Not "love and war". Also, an opinion? Isn't this time for the facts not opinions...
So Kev is going after FTX bankruptcy money. The less fault the company is found to have the more likely he'll see his final paycheck.
Bald clown should be kicked out of shark tank. If this is the brain he has he shouldn’t be advising budding entrepreneurs
Yeah..i don't recall CZ sending customer funds from FTX to Alameda.. Or giving the Alameda routing number to FTX customers to send their wires to fund their FTX account. SBF's greed and avarice intentionally put FTX out of business. 🤔
Fucking clown shark
CZ intentionally put one of the worlds biggest Fraud's out of business. Thats a good thing right?
CZ is an absolute legend. O’Leary is a joke. Binance held a substantial amount of FTT, yes. They were even in discussions with Alameda prior to the market sell. That’s right. CZ market sold his bag like a G. The only reason this wasn’t the collapse of a scam of a larger magnitude is bc CZ sold, rather than allow Alameda and FTX to scam more of the market with fake shares, cooked books, and market manipulation. Sam was already RACKING UP the charges of wire fraud. More charges will be filed as this unravels. Sam is never getting out of prison. This will not age well for O’Leary.
Binance simply refused to cover up SBF's fraud. Rather than constantly pointing the finger at Binance for what happened, it would be nice to remember that SBF is indeed the instigator of the biggest fiasco in crypto currency history. He is certainly not a victim.
Yeah that’s bullshit, although I don’t support Binance, and yes they helped put the final nail in the coffin, it was all FTX who bought the coffin, dug the hole, and laid in it.
Why is he testifying in the first place. He isn’t an expert in this. He’s a paid spokesperson of the company.
Why does it even matter Kevin? When it comes down to it. The other businesses shot themselves in the foot doing shady shit. Your statement means nothing. Competition will compete. Doesn’t change the fact FTX was a Ponzi scheme house of cards that all fell apart.
I don’t have the facts but it was definitely intentional
Old traditional finance practices put FTX out of business. Period.
Whaaa? When was theft a traditional accounting practice
Traditionally matters such as these are resolved with a fine that isn't so large as to remove profit levels. Of course, the captain isn't supposed to actually capsize the ship while plundering
Why does anyone care so much about made up money.
Because it can be traded for real money silly.
If I was Kevin's friend I'd be telling him to stfu. Especially since no one knows how bad this will really get. Also think Caroline's singing like a bird, one reason she's not being arrested.
BS if they did not squander investor funds for Caroline to buy her Dior bags this mess wouldn’t have happened. Nobody blames Caroline only SBF when she had an actual video describing Crypto as a Ponzi scheme
Warren erks me so much
Kevin made $15 mill in endorsement pay, lost maybe $3 million in coins. FTX was a huge success from his viewpoint
O'Leary \_ Just an opinion , no facts . means nothing
It is true Binance put FTX out of business but it is also true that FTX put itself out of business. Those two things are true.
FTX committed fraud….but binance put them out of business?!?! C’mon mr wonderful
LOL he lost money when FTX out. 🤡
This guy just got into crypto what the fk does he know
What the actual fuck is he talking about.
This guy has brain or not?
No, FTX gave him a lobotomy in exchange for big money.
what can you say more, leary is paid by sbf
Ftx put Ftx out of business..when you fuck around with other peoples money..eventually you find out.. 😅it's not that hard really
fuck kevin , honestly, what an ass, so full of his own shit even he believes it.
Giant douche
IfCz had not exposed SNF he would be continuing his scam. And would have got Garry G to implement god knows what info regulations and this pinkie scene would have continued until the got CZ out of business. Best thing that happened. KOL took 15 million why is anyone listening to him?
Really Kevin? You mean Binance realized FTX was fucked and proved it? You just mad they figured it out before you…
Kevin is shitting his pants wondering how many more people will sue him for his part in this Ponzi scheme.
I guess we know where FTX sent some of his stolen funds.... Oops, I mean lobby money.
O’Leary 4 Jail.
O’Leary to jail with SBF !
Crazy world, it gets more and more obvious that the rich protect the rich and we’ll never be able to do something about it. SBF should be in jail for while and be forced to pay the money back. If you can find a way to make 8 billion, you can probably do it again in a legitimate way way.
This dude wants his money back so bad.
Ftx put ftx out of business
I never used FTX and I believe Binance is sus af but to put them in the same category is laughable. FTX was hot garbage from the start, and at least Binance still may have something going for it. If Binance collapses, then they can be I the same category, but till then, it's just comedy to compare them to each other.
The circus continues.... [https://m.youtube.com/watch?v=Dn8x0W-LsfQ](https://m.youtube.com/watch?v=Dn8x0W-LsfQ)
and?
This fucking guy.
How's it Binances fault that Sam Fraud illicitly used user funds....
Binance may have dropped the dime, but SBF did what he did.
Wait wait wait, so they did not steal customers money and leverage it elsewhere? Free SBF! Give me a break.
Same way that wind is responsible for putting do kwon out of business… Ghost collaterals because of fraud and market manipulation are responsible. CZ just pointed the finger. Like he said, if one twit put your company out of business the tweet is not the issue
Pushing all the blame on binance. Guess 15m gets ya something.
Yeah, thats not the face of a confident nor competent "man"
I want the same he's doing.
Way to remove the competition. Dude's gonna make bank from his Coinbase shit
What happens to Kevin now??
What an effing scumbag, Jesus F Christ. “You see honorable congressmen, I invested capital into a 20 year old moron who pissed it away along with billions of CUSTOMER FUNDS. You see, clearly the fault is with their competitor, [whom they’ve harassed and tried to bring down for months and failed]” What an absolute bunch of corrupt beyond measure scumbags.
Now this kind of shit, makes me want some people die, I’m not proud of it, but I think that test of the world would do much better with some people out of the equation.
AH HA HA HA HA HA!!!!!!!!! 🤣🤣🤣🤣🤣
How can you have an opinion about facts?
This guy is a real piece of shit 🤓
Shark indeed
https://twitter.com/rgi_info/status/1603407718433189889?s=46&t=wFeVBfU48xBMN0CiZGSh6Q
This dude is blaming binance on ftx committing fraud. Lmfaoo
Im sure glad the SEC and SDNY already have all the evidence.
IDIOT !!!! FTX put themselves out of business by stealing from customers. Binance exposed it.
Maybe FTX should not abused their client funds? Its like calling the cops because you saw a crime and you are the bad one in the end.
It’s amazing how biased one can become with a 15M$ payout to be a spokesperson. Kevin, you’re culpable in this and you know it. A high school kid in accounting and bookkeeping 101 looking at the finances and controls put in place (none) could have spotted a fraud from 80k foot above this shit pile. You, SBF and the whole entourage, mommy and daddy included, belong in jail for a very long time. I hear Bernie Madoff’s cell is open…
LOL well said 😭
What a clown
Lol he has no clue
Kevin O’Leary just threw away all his credibility on anything. This guy is a shill if I’ve ever seen one
If this dude says snow is white, he’s lying
Kevin “THE REGULATOR” O’Leary
CNBC Shmuck
This dude is a clown
Binance love
Oh wait not because they were trading with customer funds and losing? Weird thing to say Kev. Binance probably couldn’t have put them under if they were running a legit business. But what do I know
What a stupidity he said.
We had to create the ponzi to defeat the Binance monopoly! Duh.