O'Leary doesn't seem too bothered that SBF used $10 billion in FTX customer deposits to prop up his hedge fund.
said he last talked with SBF on Thursday, not long before FTX filed for bankruptcy. And the Shark Tank celebrity really couldn’t say enough nice things about SBF, assuring viewers that he was a brilliant mind“I know all the players in the cryptocurrency market, and I’m just telling you, there’s nobody quite like him,” O’Leary said.SBF used at least $10 billion in FTX customer funds to prop up his hedge fund Alameda Research, according to, a move that’s very much against the law.
O’Leary says repeatedly in the new interview with Crypto Banter that we don’t know the facts yet and he’s going to wait until we know more about what happened at FTX. But we actually do know plenty of facts at this point, thanks not only to diligent reporting at outlets like Reuters and the—because SBF himself has admitted that he used FTX funds in the billions to make risky bets at Alameda.
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