Kevin O’Leary on FTX collapse simple case of ‘where did the money go?’
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- čas přidán 13. 12. 2022
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Shark Tank Investor and Crypto advocate Kevin O’Leary shared his perspective on the FTX collapse, Sam Bankman-Fried, CZ and Binance at the Senate Banking Committee hearing on December 14, 2022.
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Ponzi promoter should be held accountable.
Yes! People lost a lot of money after O'Leary put this name on this dumpster fire.
You don’t know all the facts. Lots of people invest in companies and it’s normal business to advertise
Lol good luck with that.
@@survivalSC Correct, but not Ponzi scheme. He should be accountable for not doing research and mislead people also contribute to the scams.
@@route55qatar by that logic, the people who invested also should’ve.
What a clown. He should be held accountable as well
He's wrapped up in it. He wants to deflect blame away from Sam bankman because Sam paid him off with the stolen money
Nobody knew it would happen yall just cherry picking on the guy.
Larry David and other HolllywoodJ:ews or paid quite well to be frontmen FTX
He received 200 million so does he keep that money
@@Sardonic-Angel wow racist much
Mr. Wonderful got eaten by his own Sharks from his tank. Priceless 😂
And that is how he became Mr. Wonderfool :))
...and for that reason, I'm out.
Obviously a bigger shark.
explain?
It happens! Lol
"I didn't know this at the time," When did you?
He purchased, promoted, and played the public.
O'Leary didn't lose a penny.
He made 5 mil
Why did politicians and regulators set up a system where a company could so easily be put at the mercy of a competitor? I’m beginning to think that the level of corruption on this planet has gotten so high that it deserves a name change from Earth to Wormwood.
Kevin is clearly deeply involved in this.
No he isn't, 15 million dollars to become a spokesman and about 10 million at FTX? That hardly means he's pulling strings when he loses $10 million
Do you understand what 15 million is to a billionaire? Kevin is paying way too much attention to this
@@joelhoye5773Kevin isn't a billionaire lol
@@mickeydrago9401 Did you even listen to yourself?
@@meatball4409 He's worth $400 million and he does care what happens to his millions. If he didn't care about his money he wouldn't be rich.
Kevin due diligence OLeary
😂😂😂
This is a nasty stain on O'Leary's reputation, he attached his "good" name to this scam for a few million dollars that he didn't even need. Everyone has their price to get down on both knees I guess.
Good name … bs con man since day one . Good men wealthy men don’t make mistakes, they have large team he knows exactly what he was involved in
Notice how red Carolina Ellisons knees were in that podcast where she said she only uses elementary maths?
15 million dollars
When you sell your soul to the Devil 😈! How much money does one really need ? Ca t take it with you when your dead ! I’m sure he doesn’t pay much tax on it Eather !
For rich business people .. enough is never enough, greed is a hell of a drug..
Kevin loves being on the spot light..
Kevin O’Leary is about as trustworthy as SBF
🎯
He [Kevin] is done. No-one in their right mind will ever listen to him. Unless is gambling advice. He was peddling this Ponzi - and others.. - without any due diligence whatsoever..
Very true....talking with confidence and accent does not always guarantee knowledge and due diligence
Con men feed on greed
That’s what I said after Jon Stewart destroyed Kramer. But Kramer still has a show and millions of followers.😮
@@tlstechtalk that was so satisfying and hilarious to watch. Kramer still has a show? Most people ive heard talk about him say to do the opposite of whatever he says; a less than stellar reputation.
@ctdieselnut I remember Jim Kramer praising Lenny Dykstra as a financial wizard. That in itself should have been enough to end the Mad Money.
Dead Man Talking
Dec 9, 2022 - Kevin O'Leary's net worth is estimated to be $400 Million
@@mickeydrago9401
I don’t think so, a couple of hundred million tops. He always wants to appear to be bigger than himself.
@@mickeydrago9401 when he's stealing 15 million with Sam bankman it leads to believe he doesn't have as much money as you think. He's clearly willing to work with fraudsters to steal money
@@mickeydrago9401net worth isn’t what he has in his bank
Kevin Oleary should be jailed with SBF for taking $15mill stolen money and continue to be SBF's mouth piece🤦🏻♂
Has to be if system is fair
He lost people directly millions in his words , that’s a pump ponzi he was compliant
He needs tp give the stolen money back
So if the company you for closed and people were thought shady stuff happened you are going to give your paycheck back for the last year? It’s easy for people to want other people to give their money back but would never give up their own
The 5 million he did not put into FTX was used for taxes and he lost the rest so far so I'm not sure what you're talking about.
Good luck with clawbacks from the IRS!
He is not the only that received money from FTX, many politicians did.
A bigger shark has seemed to swallowed this one whole
It's a flesh wound, He is still worth hundreds of millions
@@mickeydrago9401 fair lol
👽🦞
@mickeydrago9401 Yes but his ego was hurt and to a man like this, that's devastating.
He’s talking in a way that protects them all!
This dude is delusional
O'Leary knows where the money went. It went to paying people off. Mainly Democrats and Rinos and Kevin here. They're all working together to give the criminal a slap on the wrist for stealing money and giving all of it to Kevin o Leary, and Elizabeth Warren, and corrupt creepy Joe Biden and his friends
@@TheAnnoyingBoss Also to set up a Canadian Crypto company as well owned by Kevin. That was just shown.
Ah yes the classic random numbers and letters username with no profile pic followed by a claim that just shows you can’t understand the depth or context of the situation
You are! He is rich
They're all crooks
Moment of silence for all the investors 😢
Con men feed on greed
Where did the other 80% go then???????????????? And we know Kevin got 15 million
Yes, EXACTLY. Last time I checked 32b minus 2b is 30b. Not zero.
This man is corrupted
Ya money went from the average worker to Sam’s pocket and yours
I didn't know this at the time, but i still threw $15M of my money into it.
Idiot like anyone else ? Are u saying everyone who lost money deserved it ?
@@AAMM101 i see English isn’t ur first language immigrant.
No it was less than 10 million
Every DIME TAKEN by POLITICIANS received from FTX should be given back to the bankruptcy attorney. To be given back to those who lost it. People lost their life savings.
Scammy O Leary solved it. The $9 billion shortfall was caused by a $2 billion purchase settled with an invented FTT token
What is Kevin even saying that Sam was forced to use customer deposits to repurchase ownership in his own company. Kevin is admitting that Sam used money that wasn’t his to buy back stock and claiming he had to do it for business reasons? Not to mention seeking 20 percent to his direct competitor in the first place. But he’s still gonna shill for him? Kevin is simply covering for the fact that he took a bribe and did no business thinking.
Kevin is almost as guilty as SBF
He remembers 24 mouths ago like it was yesterday and proceeds to throw someone else under the bus.
Such a financial genius😆
Kevin shouldn't be untouchable from the law considering he got paid big money of stolen dollars to cover for Sam. Kevin knows where the money went! Its in his bank account!
“Apparently accordingly to” = “What had happened was”
Kevin I told you where the money went...you better get me out of this or I snitch!
You can feel Kevin’s fans walking away from him.
Moon walking
I remember this guy thrashing crypto back in the day. Then one day he switched gears when cryptos were skyrocketing. I can only assumed Sam greased him to make him a believer.
Kevin is scrambling here and he still believe that Sbf is honest
He back paddling! He only upset cause he got caught !
@@JamesBond-hu9rg he wants to keep the millions he helped Sam steal
No he definitely doesn’t. He’s playing this game the only way he can at this moment. The person he hates the most in this world is now his only “ally”, but just until he recovers his loss…if he ever does. Then he may even volunteer to chauffeur SBF to prison to serve a life sentence behind bars. Greed turned Mr Wonderful into Mr Ponzi. I can see so much anger on this guy’s face. My God!
He doesn’t think Sam is honest he needs to pretend like he made legitimate biz decision and didn’t just take bribe and act like a w h o r e.
No, he's not that stupid, he is just covering for him because he is in on it too
Kevin got ripped off 😂😂😂😂
Ne he didn't. He was paid 15mil and lost 10. MrWonderfraud was in on it with sbf.
Shark man got eaten by his own sharks from his tank. Priceless lol 😂
His voice is shaking as he says it. He is either involved, lying, or both.
Your part of it...😄😄😄
KO needs to understand what CZ figured out months ago: the $32 Billion valuation was almost entirely based on the FTT token's highly-manipulated valuation and not real cash or assets. Any real cash was being used up faster than it was coming in.
I smell snakes playing with belfort 2.0
Don't trust this guy any farther than you can throw him. He's pretty heavy.
And we should believe SBF and you because he said so. He didn’t keep accurate records to show where the money went!
I think it’s time mr wonderful is held responsible and gets jail time this is not the first time
You must watch CZ reply for this comment.
Slap head should be in court along with SBF
Yet none of this is being claimed at his trial.
Mark Cuban just sitting back shaking his head at this 😂😂😂
He should share jail with sbf. He will have enough time to ask where his money is
He would never lie to Kevin O'Leary
His parents bought all kinds of property not just their home
This con man needs to be locked up !
kevins true self finally comes out.....
Kevin oleary would blame the victim for calling the police. It's the victims fault the attacker was arrested
Kevin has been giving off guilty vibes on his blame anyone and everyone except himself tour .
O’Leary should be held accountable. Trying to destroy a company to cover his own actions
Mr Wonderful isn't looking so wonderful these days
this man should be put in prison.
Mr Wondernut got burnt big time ... its written all over his face. Wow
This Guy Is Called A SHARK On Purpose..
Cause He's A LOAN SHARK. 😂🤣
Jail for this guy also
You got $10 million of it. Politicians got over $100 million. How about everyone giving that money back?
This is a guy who just got lucky in life.
There is nothing we can learn from this guy.
Put this lair in jail…
Some of the money went to politicians so why didn’t they give it back to SBF?
You don’t ‘decide’ to work with regulators. If an owner disagrees with that immutable fact, you report that owner, yes, to the regulators.
he is looking after his @$$
Even the smartest of investors can be SCREWED by those with a plan to screw them. Greed. Sometimes GREED IS NOT GOOD.
You don’t have to be a rocket science just listen to Kevin !
The reason Kevin O' Lying's head looks like a glazed donut is do to all the egg on his face that's dulling his "not so Wonderful" complexion!
I can’t Kevin was involved in this, what a scumbag. they knew it was going to crash and hurt so many people and they didn’t care, they need to be held accountable.
Look at his face. Untrustworthy. Period.
I can see that Kevin O'Leary is a terrible actor.
When Kevin was first asked about SBF he said “his parents are compliance lawyers. If your money isn’t safe with SBF, idk where it is safe”
Be patient the truth will come out, you will learn your bestie has been lying to you. Your not his friend he only sees more money.
Why is SBF not the one answering questions?
And for that reason I’m out
I so much more find KL a credit business source when he isn’t arrogantly telling someone they are a cockroach, or they are dead to him.
chump got his 15 million right out of other folks accounts.
Yup. He knows where the money went. Went right into his bank account and Joe bidens bank account with his friends
Did you hear anything you said dum#@$$
Mind blown. Nice excerpt
SBF's parents need to be in jail with their "wittle pweshus".
A conman trying to convince others that a conman conned him.
And how many reporters told us how great SBF was. It's like reporters have no clue.
He gave it a way and he hid it in foreign banks. They can never be found!
"According to SBF" lol😂
For all those saying Kevin knew about this, I completely disagree. This guy is a no BS person, and will not put his name on something that is fraudulent. He’s lost a lot of money, and it hurts his reputation with assets under his management.
He did put his name on something that was fraudulent. He had 15 million, lost 10 million with 5 million net.
Wrong. All he "lost" was the payment FTX-SBF would have given him for promoting the Ponzi scheme.
He got his wife to take the blame for killing someone in his boat. Not exactly a man of unshakable character.
Why blame CZ for pulling out of a bad deal? The question is what happened to the 80% of the money? Are you saying he spent the entire 80% of the money to buy 20% worth of shares from CZ?
Someone going to tell him, "sharks eat each other."
This guy is the embodiment of evan bad press is good press.
What you purchase with customers or other people's money is irrelevant!
That’s a question to ask Jared Kushner 😂
He's mad coz CZ was smarter and sold his share before the collapse. As an investor you can sell it whenever you want or else SBF would have said no.
Most banks use customer deposits for their own purposes, and if all their customers tried to withdraw at the same time, they wouldn't be able to give all the money back because their investments aren't very liquid.
What makes FTX different is that they lied about it. They pretended to be a full-reserve bank when they were actually a fractional-reserve bank, and as a result, they should be held accountable.
Mr Wonderful speaks truth
umm 20% ownership is not majority control.
My big number one question is.. why do they keep using Sam’s first middle and last name when speaking of him? Like he’s Lee Harvey Oswald…
And because technically it's not my idea, I'm out.
Sir the question was where did the money go
link to full statement?
Full video link?
Kevin OLeary • SBF is super safe
Elon Musk • SBF is total BS
Translation: " I want the 15 million they gave me in equity"
Never trust a lier !
The best 15 million dollar sales man
1000% involved and don’t tell me he didn’t see a fast opportunity to make money. He just never thought it would blow the way it did and he thought he’d slip away.
I say charge him.