{"id":14202,"date":"2022-12-09T08:27:46","date_gmt":"2022-12-09T08:27:46","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/12\/09\/kevin-oleary-reveals-that-ftx-paid-him-15-million\/"},"modified":"2022-12-09T08:27:46","modified_gmt":"2022-12-09T08:27:46","slug":"kevin-oleary-reveals-that-ftx-paid-him-15-million","status":"publish","type":"post","link":"https:\/\/coingrafter.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> [ad_1]<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 had been named in a category motion lawsuit accusing FTX and its \u201cbrand ambassadors\u201d of deceptive shoppers 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 bought 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 movie star 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 the most effective 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 beneath 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 advised the chapter courtroom.<\/p>\n<p>O\u2019Leary has asserted that Bankman-Fried is likely one of the finest merchants within the cryptocurrency house. However, regardless of saying that he misplaced hundreds of thousands of {dollars} within the FTX collapse. Even so, if he began a brand new enterprise, he would help him as soon as extra. Since the vast majority of folks suppose that Bankman-Fried is a fraud and a conman, this has shocked the cryptocurrency trade. 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 crew of native content material writers and editors working around the clock to cowl information globally and current information as a truth slightly 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 introduced content material might embrace the private 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 accountability in 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 \/>[ad_2]<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>[ad_1] 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. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":14204,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[14],"tags":[887,5448,84,5449,2910,958],"class_list":["post-14202","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin","tag-ftx","tag-kevin","tag-million","tag-oleary","tag-paid","tag-reveals","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/14202","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=14202"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/14202\/revisions"}],"predecessor-version":[{"id":14203,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/14202\/revisions\/14203"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/14204"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=14202"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=14202"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=14202"}],"curies":[{"n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