Former paid FTX spokesman Kevin O’Leary weighs in on Sam Bankman-Fried: “This is America. The justice system provides the assumption of innocence until proven otherwise.”
"This is America. The justice system provides the presumption of innocence unless proven otherwise," O'Leary responded when asked why he didn't more stridently condemn Bankman-Fried. The former FTX CEO was arrested by Bahamian authorities earlier this week, pending extradition and trial to face charges in U.S. federal court.
"Kevin, you are an actor in this drama, and you had a front-row seat to Bankman-Fried up until the very end," Sorkin said. "What do you think happened? Do you think this was a fraud?"doesn't have them yet. He's going to get them," O'Leary responded. "I'm looking through my records. I'm willing to fund a forensic account of our accounts."
"There are a lot of bad things that have been alleged here, and a lot of them are going to be true, likely," he added."I understand that the herd is angry," the businessman, who is also a CNBC contributor, said.?" Kernen asked. "No," O'Leary said, stating that his Bitcoin investing began years prior to his FTX ambassadorship in FTX in 2018."Then I'm wrong about that," O'Leary said.
Sorkin also observed that, as opposed to Tom Brady or Larry David, investors might expect that O'Leary knew better than most how to understand if FTX was problematic or not.
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