{"id":14231,"date":"2022-12-09T06:49:05","date_gmt":"2022-12-09T06:49:05","guid":{"rendered":"https:\/\/freakcryptos.com\/index.php\/2022\/12\/09\/kevin-oleary-reveals-that-ftx-paid-him-15-million\/"},"modified":"2022-12-09T06:49:05","modified_gmt":"2022-12-09T06:49:05","slug":"kevin-oleary-reveals-that-ftx-paid-him-15-million","status":"publish","type":"post","link":"https:\/\/freakcryptos.com\/index.php\/2022\/12\/09\/kevin-oleary-reveals-that-ftx-paid-him-15-million\/","title":{"rendered":"Kevin O&#8217;Leary reveals that FTX paid him $15 million"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>\n<iframe loading=\"lazy\" src=\"https:\/\/coingape.com\/kevin-oleary-received-15-million-for-serving-as-ftxs-spokesperson\/about:blank\" width=\"320\" height=\"100\" marginwidth=\"0\" marginheight=\"0\" hspace=\"0\" vspace=\"0\" frameborder=\"0\" scrolling=\"no\" data-rocket-lazyload=\"fitvidscompatible\" data-lazy-src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=320x100;setID=508113;type=iframe;click=CLICK_MACRO_PLACEHOLDER\"><br \/>\n<\/iframe><noscript><iframe loading=\"lazy\" src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=320x100;setID=508113;type=iframe;click=CLICK_MACRO_PLACEHOLDER\" width=\"320\" height=\"100\" marginwidth=\"0\" marginheight=\"0\" hspace=\"0\" vspace=\"0\" frameborder=\"0\" scrolling=\"no\"><br \/>\n<\/iframe><\/noscript>\n<\/p>\n<p><a href=\"https:\/\/coingape.com\/shark-tank-kevin-oleary-make-a-uturn-on-ftx-and-bankman\/\" target=\"_blank\" rel=\"noopener\">Kevin O\u2019Leary of Shark Tank<\/a> claimed that FTX paid him $15 million to function the crypto trade\u2019s spokesperson. One of the few well-known individuals who was sued by FTX shareholders and misplaced their stake within the firm was Kevin O\u2019Leary. Several others are Larry David, Tom Brady, Gisele Bundchen, Shaquille O\u2019Neal, and Stephen Curry.<\/p>\n<p>They have been named in a category motion lawsuit accusing FTX and its \u201cbrand ambassadors\u201d of deceptive customers into making investments within the enterprise.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Good Morning Everyone! Kevin O\u2019Leary acquired paid $15MM to be FTX spokesperson\u2026 <a href=\"https:\/\/t.co\/iSjZZ8VZq5\">pic.twitter.com\/iSjZZ8VZq5<\/a><\/p>\n<p>\u2014 Genevieve Roch-Decter, CFA (@GRDecter) <a href=\"https:\/\/twitter.com\/GRDecter\/status\/1600858962555179010?ref_src=twsrc%5Etfw\">December 8, 2022<\/a><\/p>\n<\/blockquote>\n<p>\u00a0<\/p>\n<p>The Shark Tank celeb additionally disclosed that the chapter safety course of had rendered his over $1 million in FTX fairness nugatory. Additionally, Mr. Wonderful added that the remaining $4 million or so was allegedly consumed by taxes and agent charges.<\/p>\n<p>He conceded: It was not  funding.<\/p>\n<h2>Kevin O\u2019Leary described Bankman-Fried as probably the greatest merchants<\/h2>\n<p>On November 11, FTX declared chapter, and <a href=\"https:\/\/coingape.com\/sam-bankman-fried-explains-ftx-alameda-relationship\/\" target=\"_blank\" rel=\"noopener\">Sam Bankman-Fried (SBF)<\/a> left his place as CEO. The enterprise is presently below investigation for improper dealing with of buyer cash. \u201cNever 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,\u201d FTX\u2019s new CEO John Ray instructed the chapter court docket.<\/p>\n<p>O\u2019Leary has asserted that Bankman-Fried is without doubt one of the greatest merchants within the cryptocurrency house. However, regardless of saying that he misplaced tens of millions of {dollars} within the FTX collapse. Even so, if he began a brand new enterprise, he would help him as soon as extra. Since nearly all of individuals suppose that Bankman-Fried is a fraud and a conman, this has shocked the cryptocurrency business. The FTX collapse has been in contrast by some to Bernie Madoff\u2019s Ponzi scheme.<\/p>\n<p>According to Bankman-Fried, he didn&#8217;t deliberately commit fraud. Bill Ackman, a multibillionaire hedge fund supervisor, expressed an analogous perception that SBF was telling the reality to O\u2019Leary. Additionally, O\u2019Leary, simply earlier than FTX collapsed and needed to file for chapter, he got here near securing.<\/p>\n<p>Also Read: <a href=\"https:\/\/coingape.com\/shark-tank-kevin-oleary-make-a-uturn-on-ftx-and-bankman\/\" target=\"_blank\" rel=\"noopener\">Shark Tank Kevin O\u2019Leary Make A U Turn On FTX And SBF<\/a><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA130512\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<p>\nCoinGape includes an skilled workforce of native content material writers and editors working around the clock to cowl information globally and current information as a truth reasonably than an opinion. CoinGape writers and reporters contributed to this text.\n<\/p>\n<\/div>\n<div class=\"author_Image\">\n<img loading=\"lazy\" alt=\"\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/452042cc86ff4d4cff7e64f282bd5358?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" src=\"https:\/\/secure.gravatar.com\/avatar\/452042cc86ff4d4cff7e64f282bd5358?s=200&amp;d=mm&amp;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/452042cc86ff4d4cff7e64f282bd5358?s=200&amp;d=mm&amp;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/452042cc86ff4d4cff7e64f282bd5358?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript> <\/div>\n<\/div>\n<\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD130512\">\n<p> The offered content material might embrace the non-public opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn&#8217;t maintain any duty on your private monetary loss.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/coingape.com\/kevin-oleary-received-15-million-for-serving-as-ftxs-spokesperson\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kevin O\u2019Leary of Shark Tank claimed that FTX paid him $15 million to function the crypto trade\u2019s spokesperson. One of the few well-known individuals who was sued by FTX shareholders and misplaced their stake within the firm was Kevin O\u2019Leary. Several others are Larry David, Tom Brady, Gisele Bundchen, Shaquille O\u2019Neal, and Stephen Curry. They [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":14233,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[762,5401,84,5402,2847,560],"class_list":{"0":"post-14231","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-altcoin","8":"tag-ftx","9":"tag-kevin","10":"tag-million","11":"tag-oleary","12":"tag-paid","13":"tag-reveals"},"_links":{"self":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/14231","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/comments?post=14231"}],"version-history":[{"count":1,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/14231\/revisions"}],"predecessor-version":[{"id":14232,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/14231\/revisions\/14232"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media\/14233"}],"wp:attachment":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media?parent=14231"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/categories?post=14231"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/tags?post=14231"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}