Kevin O’Leary on FTX collapse simple case of ‘where did the money go?’

#shorts
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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[@enriquegonzalez6265]

What a clown. He should be held accountable as well

[@TheAnnoyingBoss]

He's wrapped up in it. He wants to deflect blame away from Sam bankman because Sam paid him off with the stolen money

[@ZeusZar]

Nobody knew it would happen yall just cherry picking on the guy.

[@Sardonic-Angel]

Larry David and other HolllywoodJ:ews or paid quite well to be frontmen FTX

[@MyShotsTickle-im5ss]

He received 200 million so does he keep that money

[@TruthBombzz]

​@@Sardonic-Angel wow racist much

[@jackhummer2015]

Ponzi promoter should be held accountable.

[@DeTrOiTXX12]

Yes! People lost a lot of money after O'Leary put this name on this dumpster fire.

[@survivalSC]

You don’t know all the facts. Lots of people invest in companies and it’s normal business to advertise

[@sacramentofoodforest]

Lol good luck with that.

[@route55qatar]

@@survivalSC Correct, but not Ponzi scheme. He should be accountable for not doing research and mislead people also contribute to the scams.

[@ShadowWasntHere8433]

@@route55qatar by that logic, the people who invested also should’ve.

[@Buxtonphil]

Kevin is clearly deeply involved in this.

[@mickeydrago9401]

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

[@joelhoye5773]

Do you understand what 15 million is to a billionaire? Kevin is paying way too much attention to this

[@meatball4409]

​@@joelhoye5773Kevin isn't a billionaire lol

[@readhistory2023]

@@mickeydrago9401 Did you even listen to yourself?

[@readhistory2023]

@@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.

[@nj.5581]

Mr. Wonderful got eaten by his own Sharks from his tank. Priceless 😂

[@morcap]

And that is how he became Mr. Wonderfool :))

[@TVADSNOW799]

...and for that reason, I'm out.

[@demetriustebet3786]

Obviously a bigger shark.

[@_Nigga_.]

explain?

[@stuff1784]

It happens! Lol

[@Monk-Amani.]

"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.

[@coryrobertson2929]

He made 5 mil

[@DeTrOiTXX12]

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.

[@markwick7898]

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

[@OffGridInvestor]

Notice how red Carolina Ellisons knees were in that podcast where she said she only uses elementary maths?

[@guyspooner4580]

15 million dollars

[@JamesBond-hu9rg]

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 !

[@isailopez4132]

For rich business people .. enough is never enough, greed is a hell of a drug.. Kevin loves being on the spot light..

[@DoG0niT]

He’s talking in a way that protects them all!

[@user-vi2dk1qz5f]

This dude is delusional

[@TheAnnoyingBoss]

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

[@user-vi2dk1qz5f]

@@TheAnnoyingBoss Also to set up a Canadian Crypto company as well owned by Kevin. That was just shown.

[@thegodpotato132]

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

[@jaypruitt8639]

You are! He is rich

[@morcap]

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..

[@ashwinivijay3818]

Very true....talking with confidence and accent does not always guarantee knowledge and due diligence

[@PInk77W1]

Con men feed on greed

[@tlstechtalk]

That’s what I said after Jon Stewart destroyed Kramer. But Kramer still has a show and millions of followers.😮

[@ctdieselnut]

@@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.

[@tlstechtalk]

@ctdieselnut I remember Jim Kramer praising Lenny Dykstra as a financial wizard. That in itself should have been enough to end the Mad Money.

[@alexmacphail9590]

A bigger shark has seemed to swallowed this one whole

[@mickeydrago9401]

It's a flesh wound, He is still worth hundreds of millions

[@alexmacphail9590]

@@mickeydrago9401 fair lol

[@SATOSHINAKAMOTO-gu9jk]

👽🦞

[@tommycasidy3031]

​@mickeydrago9401 Yes but his ego was hurt and to a man like this, that's devastating.

[@PInk77W1]

Kevin due diligence OLeary

[@YaNeK92]

😂😂😂

[@karaMcg1122]

Kevin Oleary should be jailed with SBF for taking $15mill stolen money and continue to be SBF's mouth piece🤦🏻‍♂

[@markwick7898]

Has to be if system is fair He lost people directly millions in his words , that’s a pump ponzi he was compliant

[@dfjpr]

He needs tp give the stolen money back

[@survivalSC]

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

[@mickeydrago9401]

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!

[@gerardgarcia7127]

He is not the only that received money from FTX, many politicians did.

[@JCCharts]

Kevin O’Leary is about as trustworthy as SBF

[@platoscavealum902]

🎯

[@mijo91]

They're all crooks

[@ChildhoodConsoles]

This man is corrupted

[@jonathangagne_tenor]

His voice is shaking as he says it. He is either involved, lying, or both.

[@TheKillWizard]

You can feel Kevin’s fans walking away from him.

[@Quasimodo290]

Moon walking

[@DQ-su6qf]

Dead Man Talking

[@mickeydrago9401]

Dec 9, 2022 - Kevin O'Leary's net worth is estimated to be $400 Million

[@jonathanhuang2955]

@@mickeydrago9401 I don’t think so, a couple of hundred million tops. He always wants to appear to be bigger than himself.

[@TheAnnoyingBoss]

​@@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

[@sammymobs3889]

@@mickeydrago9401net worth isn’t what he has in his bank

[@lfischer8380]

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.

[@pz2092]

Ya money went from the average worker to Sam’s pocket and yours

[@dfjpr]

Scammy O Leary solved it. The $9 billion shortfall was caused by a $2 billion purchase settled with an invented FTT token

[@waldroj01]

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.

[@Fai_2nice]

Moment of silence for all the investors 😢

[@PInk77W1]

Con men feed on greed

[@AAMM101]

I didn't know this at the time, but i still threw $15M of my money into it.

[@jayw1738]

Idiot like anyone else ? Are u saying everyone who lost money deserved it ?

[@jayw1738]

@@AAMM101 i see English isn’t ur first language immigrant.

[@mickeydrago9401]

No it was less than 10 million

[@richardthomas1908]

“Apparently accordingly to” = “What had happened was”

[@juanosorio]

He remembers 24 mouths ago like it was yesterday and proceeds to throw someone else under the bus.

[@mjhansen9292]

Such a financial genius😆

[@TheAnnoyingBoss]

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!

[@uhhTabby]

Kevin is almost as guilty as SBF

[@cosmokramer7708]

Kevin I told you where the money went...you better get me out of this or I snitch!

[@merovingian688]

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.

[@reneemellott8612]

Where did the other 80% go then???????????????? And we know Kevin got 15 million

[@nosuchthing8]

Yes, EXACTLY. Last time I checked 32b minus 2b is 30b. Not zero.

[@seangagnonProvidenceR.I.]

This con man needs to be locked up !

[@suntzu94]

Kevin got ripped off 😂😂😂😂

[@joebudi5136]

Ne he didn't. He was paid 15mil and lost 10. MrWonderfraud was in on it with sbf.

[@nj.5581]

Shark man got eaten by his own sharks from his tank. Priceless lol 😂

[@bluelantern5241]

Kevin oleary would blame the victim for calling the police. It's the victims fault the attacker was arrested

[@kiithkadeshi1576]

this man should be put in prison.

[@mbomba4415]

Kevin is scrambling here and he still believe that Sbf is honest

[@JamesBond-hu9rg]

He back paddling! He only upset cause he got caught !

[@TheAnnoyingBoss]

​@@JamesBond-hu9rg he wants to keep the millions he helped Sam steal

[@rafaelforno]

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!

[@waldroj01]

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.

[@sigma_six]

No, he's not that stupid, he is just covering for him because he is in on it too

[@anthonytaylor8901]

I think it’s time mr wonderful is held responsible and gets jail time this is not the first time

[@ghdoyle]

O’Leary should be held accountable. Trying to destroy a company to cover his own actions

[@babayaga168]

He should share jail with sbf. He will have enough time to ask where his money is

[@kevinhan721]

Jail for this guy also

[@mcrayfourd]

Slap head should be in court along with SBF

[@MsLampalampa]

Put this lair in jail…

[@samueljohnson2465]

Yet none of this is being claimed at his trial.

[@aleksandradodenc7347]

This is a guy who just got lucky in life. There is nothing we can learn from this guy.

[@666gato]

Kevin has been giving off guilty vibes on his blame anyone and everyone except himself tour .

[@asolano]

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.

[@johnschroeder1545]

kevins true self finally comes out.....

[@ryancooke1981]

He would never lie to Kevin O'Leary

[@pajeetsingh]

Look at his face. Untrustworthy. Period.

[@jtelk4708]

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.

[@TVADSNOW799]

He did put his name on something that was fraudulent. He had 15 million, lost 10 million with 5 million net.

[@terry_willis]

Wrong. All he "lost" was the payment FTX-SBF would have given him for promoting the Ponzi scheme.

[@danielzimmerman5837]

He got his wife to take the blame for killing someone in his boat. Not exactly a man of unshakable character.

[@moleculemagician8616]

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.

[@jccucc]

Mr Wondernut got burnt big time ... its written all over his face. Wow

[@YaNeK92]

Mark Cuban just sitting back shaking his head at this 😂😂😂

[@grlsci]

And we should believe SBF and you because he said so. He didn’t keep accurate records to show where the money went!

[@coolmoe3289]

This Guy Is Called A SHARK On Purpose.. Cause He's A LOAN SHARK. 😂🤣

[@Gtr1400hp]

I smell snakes playing with belfort 2.0

[@connieandrews669]

Even the smartest of investors can be SCREWED by those with a plan to screw them. Greed. Sometimes GREED IS NOT GOOD.

[@jamesharris184]

Mr Wonderful isn't looking so wonderful these days

[@elfitness2]

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!

[@maryannlaylanzon9885]

His parents bought all kinds of property not just their home

[@miraclehinc.113]

Your part of it...😄😄😄

[@jarrad5252]

You don’t ‘decide’ to work with regulators. If an owner disagrees with that immutable fact, you report that owner, yes, to the regulators.

[@163pete]

He gave it a way and he hid it in foreign banks. They can never be found!

[@Ihaveanamenowtaken]

I can see that Kevin O'Leary is a terrible actor.

[@Abel2012e]

You don’t have to be a rocket science just listen to Kevin !

[@me-myself-i787]

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.

[@Last_Tryy]

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.

[@teofilstevenson]

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.

[@trotsky1780]

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”

[@jasonhenza]

You got $10 million of it. Politicians got over $100 million. How about everyone giving that money back?

[@reinholdstephen]

chump got his 15 million right out of other folks accounts.

[@TheAnnoyingBoss]

Yup. He knows where the money went. Went right into his bank account and Joe bidens bank account with his friends

[@ldman906]

Did you hear anything you said dum#@$$

[@rzmk8620]

he is looking after his @$$

[@jackhummer2015]

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.

[@jesso.3614]

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.

[@PInk77W1]

Kevin OLeary • SBF is super safe Elon Musk • SBF is total BS

[@AndresSanchez-mm7rf]

Kevin is in denial

[@andrewunnasch2923]

He sent it to the democratic party and used it like a endless bank account

[@Kirankailas7]

You must watch CZ reply for this comment.

[@keithstubblefield9089]

Someone going to tell him, "sharks eat each other."

[@tman3036]

Body language shows he's lying

[@RRose800]

Finally a scammer gets scammed.

[@christinapankey1415]

He gave it to the demoncratic party

[@ECHONEWS480]

And for that reason I’m out

[@michaelnguyen823]

SBF's parents need to be in jail with their "wittle pweshus".

[@BeFreeTypeMusicFreeMason]

He said two black women were roaches & now their business is flourishing & he’s here . That’s life

[@savos2229]

People don't understand that people like O'Leary are not rich because they are always right about their investments, but because they are sometimes right about what will bring big profits and because they take risks and always try something new. The math is simple, the more times you try, the more chance you have of succeeding. Another extremely important thing is that he knows to cut losses at the very beginning, and not to fall deeper and deeper into debt hoping for some miracle that will turn the situation around.

[@simranjitsingh6072]

The best 15 million dollar sales man

[@user-mi2vc3yn7p]

This man is not a financial dummy he's really smart and he's telling you what the state of our country is coming to or is at this point listen up America

[@toddb8779]

This guy is the embodiment of evan bad press is good press.

[@keithussery3060]

Some of the money went to politicians so why didn’t they give it back to SBF?

[@RackemDawg]

Why is SBF not the one answering questions?

[@touger9759]

He gave it to democrat candidates

[@grayman2972]

Mr Wonderful speaks truth

[@robertthrem3382]

He is in the clear. Something about contribution is it the same as corruption nowadays?

[@yurkouki]

Never trust a lier !

[@DailyDamage]

This was at a senate hearing. He eventually was admonished for talking to much/wasting time. It truly felt like a room full of real adults and this bafoon.

[@Longshotforsure]

That’s a question to ask Jared Kushner 😂

[@patbateman2088]

Look everyone! It's that FTX guy!

[@michaellaughery6411]

FTX was the second largest Democrat donor that’s where most of the money went. I hope he gets 50 years

[@jessebeahm348]

Translation: " I want the 15 million they gave me in equity"

[@ralfjansen9118]

We all know who got a lot of this money. Of course the media won't cover it.