Kevin O'Leary responds to criticism from Binance CEO Zhao: His accusations against me are a lie
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- Опубліковано 15 гру 2022
- Venture capitalist Kevin O'Leary, former FTX spokesperson, joins CNBC's 'Squawk Box' to discuss his investment in FTX and reacts to accusations from Binance CEO Changpeng Zhao that O'Leary made false claims about the company in front of lawmakers on Wednesday. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/2NGeIvi
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My father told me "Never trust an Irishman." I asked him, "Why?" He said because "Kevin O'Leary is Irish."
😆😂
🤣
best comment EVER!!!
epic
Kevin O’Leary looks more Asian than Irish
its the end of kevin, get him to jail
exactly...Kevin's in it til the end cause....he's actually in it with SBF
Not it's Kevin time to go to the jail. He is trying to save his a** now.
Kevin needs to go to jail with SBF. It's obvious Kevin is trying to protect SBF and assign the blame to CZ. Kevin is a boiler room operator. Kevin new exactly what SBF was doing and that FTX was a pyramid scheme. Kevin was paid 15 million to push a pyramid scam.
Being a paid spokesperson is not illegal, and kids on the internet trying to cancel adults is funny
You can't have kids on UA-cam. It's illegal
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The only person Kevin O’Leary is fooling is himself.
His side show forthcoming , transparent stiff suited paranoia mr. wonder-ful is a complete and utter joke. He is an after thought of mindless chatter.
“If there’s ever a place that I could be that I’m not going to be in trouble, it’s gonna be at FTX.”
-Kevin O’Leary
his body language says something else.. he is nervous and he is not relaxed talking about this..... to him losing $15M is not a big deal, therefore for him to be so involved in this case is because he has more skin in the game than just $15 Millions. he is not fooling anyone but he has he media under his payroll so the media is playing soft with him.
O'Leary is 100% right, but it is absurd that The Shark cries "mommy" when he himself gets bitten ...🤣
@@MrDavidaslv sbf and o Leary probs on epsteiners payrolls and suicide rolls based on how this is playing out
Kevin lost all credibility and respect over this, for him the problem isn't that SBF ran a scam, the problem is that CZ was the reason it got uncovered.
He's so full of it...crazy Irish rant? Give back the 15mil
He defending sbf everytime. Kevin is hidng something
The Ponzi scheme would have kept running if Binance didn't pull their money.
Did Kevin O'Leary lie to Congress? If yes, where is the list of alleged lies documented succinctly?
@@Jay-xr3sb kevin is a clown like with FTX and Market makers of alameda crying and blaming CZ my chart model is going exact by price and date since june 2021 same on stock market ,FTX was just hanging on a thread since may and when binance find out and sold also last FTT while the market doing next wave of correction FTX was done ,even if binance did has sold there FTT still... FTX would have gone down while there was hanging on a thread the market washed them out by wyckoff patterns.and little larry playing and crying its fault of binance of ftx fall enough little larry you was in this game with FTX to. FTX was weak with to much losses since May the market just washed them out even if CZ did not sold FTX was going to collapse
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Dont blame the guy that stole your money, but blame that guy that exposed the fraud that ended his illegal payment that he was receiving. A true snake. I hope after all this we never see his face ever again
Amen!
Yeah he admitted that CZ wasn’t aware of things either way. LoL. 😂
I think Kevin is more involved in Ftx than we are led to believe
Yes, it’s so out of character for him to be this involved over an obvious fraud and keep defending sbf…..if you look at him on shark tank and any other appearances, he is as cold blooded capitalist as they come….the normal behavior would just choke it up as a loss and move on. The stated $15m loss is nothing to him - a guy worth 400m. Those guys lose / make this much many times every year from their investments. Something weird is definitely going on…this felt very personal for him.
Yessssssssss and cz took out terra luna and now Ftx
Kevin is saying he’s half crazy.
it feels like he is lying when he speaks
@@Current-Topics do you know real history.
Kevin is the biggest scammer in this whole deal.
Basically he was part of the scam, but now is implying that someone else is to blame because they denounced what was going on.
15 mil on the line
Beit A paid spokesperson is not a scam
How is it ilegal to pressure your competitor into bankruptcy? Why is Binance to blame for being bought out? I don't get it
Isn't that what capitalism is all about?
@@rodrigom3562 It isn't even illegal or a scam and I don't even necessarily see it as CZs goal. Might have been.
But the moves he made were basic logic if he had gotten wind of what was going on.
O'Leary likely knew about the FTX scam long before it was discovered but still went along with it because he thought he could get away with it. That's why he's defending SBF. He knows that he's complicit in the lie.
Kevin has shown that money comes above all morals. It's hard to take him seriously.
This video of him saying he's not a liar will make a great compliment to the montage of lies he's told.
If he wasn't lying he's stupid. But the fact he can't admit the main issue is the criminal activities of FTX does suggest he's a dishonest actor.
He's lying and stupid
I agree, and I mean, he isn't stupid, we know he's not stupid. He's not anywhere near stupid enough to believe what he's saying.
It's dishonest attempt to save face.
Yes he is stupid that why he lied
who are you talking about? please be clear
Kevin is not a crook , he is a gullible dummy 😂
O'Leary has $15 million reasons to support SBF.
15 mili is peanuts
kevin o'leary should be arrested!
@@Wavyyyaf if that's peanuts, how much is in your bank account?
@@Wavyyyaf Read up on kevin. He only got about 11 million from his "4 billion dollar exit"
11mil was wiped out but he still got close to 5mil in other people's money. He should be asked about that.
The more I think the more I'm seeing that CZ were actually doing us a favor for exposing SBFs criminal activities otherwise it could've been bigger in the future
“I’m going to teach this at Harvard one day”…. I’d be surprised if Harvard would have him after all this.
the entire ivy league is a scam
I'm surprised they had him before.
Hilarious, Kevin is not going anywhere near Harvard classrooms... :)
@@fe4449 should have never gone near one. Mr.Wonderful.. 💩
@@fe4449 nowhere near hah any classroom
He's trying to do PR repair but keeps digging himself into a bigger hole
Exactly!
He defending sbf everytime. Kevin is hidng something
You nailed it! Are you a lawyer?. I guess so😂😂😂.your 💯 Right
I hope his PR team realizes absolutely no one respects him anymore
"Backhoe coming in.....beep...beep..."
When he blamed Binance, in spite of everything fraudulent exposed in FTX. That in and of itself is a red flag.
Like a cheater accusing their partner of cheating. Kevin is dirty snake.
what do you think they paid him for, his looks? he is a narrative spinner... nothing more.
He should be digging deep into his own resources to help reimburse the idiots who lost money in this. He helped facilitate this fraud.
Absolutely agree. I cannot stomach his approach. He has lied, and he manipulated others - he continues to try to do it. So incredibly silly. Why would Harvard have him to teach - bonkers!
Kevin did not blame Binance. He just spoke up his opinion of what he thinks happened. And that is a big difference
It's crazy to think that all it took to buy this man's blind trust and unwavering confidence was $15 million. And that's a man that already had a net worth well above $300 million, multiple businesses, a TV and media career, and much more. Some people used to describe Kevin as greedy and selfish but others would defend him saying he was just being his honest self. We've learned today that you can buy this dude for 5% of his net worth.
I thought you could buy him in Cameo for a thousand
Kevin O'Leary does like 1-2 minute video sponsorships/endorsements for literally any business (regardless of how small or pbscure or weirdly niche or fly-by-night SEO-titled the business is) and he does them for a flat $1200 on Cameo. He couches them as "shout outs" for some business that he thinks is unique or exceptional and they are so cheap-looking and sounding that they are literal comedy. Coffeezilla did a great video on them a few years ago with great clips of the worst ones.
His price is far lower than you think.
I’m Irish and I never had that talk before from my own father 😂😂😂
Racism is stupid, that's why.
I think he was sending a threat
I would rather believe CZ than Kevin
yep, Kevin is sleaze, Irish or not!
Kevin. Go away. You’re 💀 to us
Kevin should be in prison.
He defending sbf everytime. Kevin is hidng something
@@olearysbf6580 this is again another instance of someone saying he's defening SBF... but what I saw is him say that this is a fraud on the level of madoff....
So where the hell are you people seeing him "still defending FTX". I don't see it..... at all.
Oleary just mad his scam got uncovered
Kevin has a vendetta against CZ. When CZ liquidated FTT token he clearly had no idea about the fraud (given the transaction would take months to complete). Binance had every right to liquidate their position given the exited from FTX in 2021. Sure, CZ wanted FTX gone but all they did was light the match and hand it over to Sam
Agreed and I mean, if selling one’s 500M FTT (which is urs to do as u wish) causes a 30B behemoth to crumble to dust overnight…..
It wasn’t the sale…
There's a video of CZ from a while ago, saying that him and SBF had a business related falling out because he noticed that SBF was doing EVERYTHING wrong by not keeping accounting records, etc. CZ knew what SBF was doing and that this was a ponzi scheme, but he kept those FTT tokens on purpose to do what he did. He's a sniper, very smart and calculated that this would happend. I would've done the same thing to my number 1 competitor who happens to be a snake thats paying off politicians in order to win favors and set up laws against all the others in the industry
Kevin castigates CZ to no end. But when CZ reciprocates, Kevin can't take it.
CZ is also a scam
No chinaman should talk back to a white guy is the message.
“If there’s ever a place that I could be that I’m not going to be in trouble, it’s gonna be at FTX.”
-Kevin O’Leary
@@the_gameskid never had issues with withdraws from binance.
O'Leary is 100% right, but it is absurd that The Shark cries "mommy" when he himself gets bitten ...🤣
Kevin is an accomplice
Ofcourse
all the more reason to cheer the two of them on
He should be arrested as well
Def.!
He is smokescreening now
Kevin only cares about Kevin O'sLeasy. If he's defending FTX this vigorously it's because he's involved in a way that is yet to be revealed.
Question: "Where did all the money go? "
Kevin: "Well, two years ago Sam was forced to buy back shares from Binance for $3 billion..."
Question: "Ok, but why is there $8 billion missing NOW, and was that $3 billion from 2 years ago stolen customer funds? How does that make Sam look ANY better, and how does it make this collapse CZ's fault?"
Kevin "I'm Irish! I'm crazy!"
Remind me again, who was paid 15 mil to be FTX spokesperson?
Yup and then claims to pocket 5 million in front of the whole world too.
kevin is still the spokes person for ftx
He did it again. He said "yesterday, on the air, CZ called me a liar. That suggested I perjured myself in front of the US Senate for 2 hours this week". He said you made some false statements within the 2 hours
CZ did the right thing, he saw a bunch of greedy bullies, and he used his clout to pull their blanky out from under them and take their toys. Now they're crying "stop that evil man" for annihilating them at their own game.
That O'Leary has the audacity to say he lost 10 million of his own money in FTX is quite frankly a cheap attempt at whitewashing himself. The fact is he accepted 15 million to vouch for a platform and encourage other people to invest in it, he admits this was a mistake and so the money he made should be up for question, He is an exception to other people who lost their money on the platform, because they didn't play a part in making FTX look legitimate, and all he has lost is 65% of what he initially made in the process, I say where is the remaining 35% (5 million), and even if he coughs that up he wouldn't of lost any of "his own money".
Well said
He said he would work with Sam again.
Agree. KOL should keep his mouth shut because the more he says the bigger the hole he digs himself into
15 + 3 .... and he gripes about losing 9 million
“If there’s ever a place that I could be that I’m not going to be in trouble, it’s gonna be at FTX.”
-Kevin O’Leary
No disclaimer, no disclosure of his financial ties and no mention of the $15m given to him. People who lost money because of his recommendation, should be able to sue for damages.
First of all CZ denied the offer because he noticed something fishy going on, This is why CZ didn't buy the company.... CZ is smarter than Sam, Obviously.
Exactly.
*than
@@JJJJ-lz1vv Thank you for that =)
Plus his initial investment was early stage when there wasn’t likely any fraud
To me CZ has seemed so honest not just through this ordeal but since I have been involved with crypto about 4 yrs now! We need more CZs and less O'leary's and we need to squash all of the SBFs out there too!
Oleary is doing the spokesman job when it’s not necessary anymore
Yes boy, can you imagine?
no, he is tied into it and he is a celebrity face of a company that is accused of being a ponzi scheme when he is a quote unquote financial guru. His credibility is in the shytter and thats what he is fighting for.
Kevin doesnt give a rats A about helping the small man recover their assets . Have you seen this guy on TV? kevin is only looking out for kevin and in doing that he has to stick by sam because if sam goes down, they are tethered together by a leash
Maybe he thinks he'll still get paid
@@bjvu9460 you nailed it big time.
He’s gonna owe it back to investors if SBF is found guilty
1. Kevin is blaming Michael Burry, Wallstreet Bets Apes and Binance for exposing greed, corruption and leverage.
2. Kevin is defending the indefensible for money.
3. CNBC is giving Kevin a platform.
No longer Mr Wonderful!
@@almac9203 And to think some of the Canadian electorate would have considered him Prime Minister material. Sheesh.... you cannot trust NOBODY in this world.
Cz spoke clearly and sincerely, answered every question straight up. Can't say same for ftx crooks
Never call an Irish man a liar , because they’re crazy. That sounded like a threat from an Irish man 😂
😂
Notice how calm the reporter is with Kevin but was so hostile with CZ
Dude EVERY SINGLE REPORTER IS BIASED to somebody OVER PREVIOUSLY made connection, they don't change overnight, CZ is a nerd, he is an introvert, most of the geeks that invent and do these tech work are nerds and not so outdoorsy, KEVIN is defination of EXTROVERT. For decades CNBC has called Kev for opinions on big events this is nothing new and Kevin might have lost reputation but he's not the criminal, dumb people on the internet keep blaming him for some reason i know he should do better but don't follow anybody blindly in life even your parents. Investing on other people's opinion and then loosing it all is why stock market throughout historically had a bad rep, it is only in 1970-80 American laws become tight that people stopped blaming other people and took responsibility for their investment and trade. So follow knowledge and preach knowledge & facts is EVERYTHING. SBF is the assface criminal and he's a nerd who thought he has learned the system and could manipulate it, he didn't and offcourse house of cards falls in the end.
Yeah, I noticed!
Yep 😁
Well he’s the host of one of the biggest show on CNBC. They’re basically colleagues.
Racist
Thank you Changpeng Zhao for uncovering the fraud of FTX.
Binance did nothing wrong. The only wrong was FTX was using customers funds for its own greed and Kevin is on it as well.
Kevin should be under criminal investigation also since he is the spokesman for FTX, he got paid by them, like they said, he has the front fow seat from beginning to the end.
Kevin O'Leary is now not just bringing down his own reputation but that of Harvard Business School as well. An incredible case of the 'Scorched Earth Policy'!
Harvard Business School. Overrated.
Who do you think Harvard Business School produces? People just like Kevin. He isn't some special case of insider dealing and corruption. He just happens to be a relatively public figure because of Shark Tank and he got caught up in a huge financial fraud. Wall Street is full of people like this. It's called a class, and his class owns us.
Anyone can go to Harvard Business School. Ferguson a UFC fighter is the example.
🤣 Oh my God 3:22 "I'm going to teach this at Harvard one day" 😂 This man is so deluded it's killing me! 💀😂
Delusional of grandeur!
Yes he will be teaching this behind the bars of Harvard Prison.
322 skull and bones. ..they would love to have him.
Why would he ever be allowed anywhere near a committee to claw back money? Why isn't O'Leary going to jail too? He talked up the "compliance" of FTX to bilk investors and customers alike
I like how instead of stating facts in his defense he just like "don't mess with the Irish".
Why would the government put one of the criminals on a board to investigate the crimes he was apart of 😂?
Because they are just as guilty on all of this
Thanks to the reporter for getting it right. O'Leary is talking nonsense. He takes his job as spokesperson for FTX way to serious even tho it is over already ^^ Put a clown nose on him for the next interview, that would give him some more authenticity.
Love how this guy turns red out of anger.
Kevin O Leary is seriously trying to deflect. If there’s any justice This whole episode should be the end of his Television career and appearances on Networks like CNBC at the least.
Kevin lied under oath
Wait. Did he just threaten CZ on national TV?
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O’Leary had another issue where he would do paid cameos. At someone at this level, I’m surprised. His integrity is a huge part of his brand as a VC. Even though VCs lose so much money, his reputation via Shark Tank is huge. Never understood the risk/reward with shady companies.
Oh man - I think Kevin delivered a threat to CZ on national television. What’s worse, there’s quite a few things Kevin said that are inaccurate 😮 I think it’s obvious that poor Kevin doesn’t understand the crypto space, and each time he talks it makes him look worse.
Kevin does not understand investing in general. He wants regulations because it lessens competition and then he has to compete with others who might not have the same capital but are must smarter than he is.
KEVIN IS A JOKER.... in a business suit...
Thank you, Becky for pointing out what is obvious and sticking with the fact. The more Kevin O' Leary opens his mouth about FTX, the more he convinces people that he is a part of the problem! In business as he claims he is well aware, potential buy out or merger can always fail....however, you can't the potential buyer if the deal does not materialise. ...this guy's credibility is going down the drain!
He lied, but he is smart enough to prefaced it with "this is my opinion" but that does not really give him a pass that he did not lie
The idea that this guy will be teaching this in Harvard instead of sharing bunk beds with SBF is shocking
Kevin should be arrested like SBF.
So true
I got a big chuckle out of the Irishman joke, although my name is Irish. Kevin is a
devious to the core.
Kevin DESPERATELY does not want to have to pay back the $15m given to him by SBF, which is likely customer funds.
LMFAO. He is doing the same thing SBF did. Countless interviews leading up to self incrimination!
Lol
O’Leary Loses a hair for every lie he gives.
U mean for every truth he tells? Irish don't lie, u didn't hear?
If you look between the lines, Kevin O’Leary didnt lie. He said that it was his opinion of what happened, not what it actually happened
But what Kevin O’Leary is doing is ignoring the fact that SBF used customer's funds to trade and lost it. And that was the cause of FTX bankruptcy
He's making a fool of himself with his FTX stance
What is Kevin actually accusing CZ of ? Selling FTT Tokens ? What's wrong with that ? It's not CZs fault if FTT was a shitcoin...
But ftx tokens were legit 👌
🤣🤣🤣
lol
@@adiintel1 "It's only illegal if you get caught" XD
If I am not wrong, CZ was a shareholder of FTX but Sam try bought that holding with crypto, BNB, BUSD, and FTT tokens, So if someone pays you for your holding on a company, and he pays with crypto why u cant sell and dump w/e u want, is their money, but him still have 500m FTT when token drop, so is possible that him have more than 1billion in FTT token, So from a competitor perspective if u want close a business you can sell that holding, everything, but that is Ilegal? why????? if you have a house and u pay for it in full u can sell it if u want, at the cost that u want, the main problem is not If CZ dump FTT tokens, the main problem is that FTX doesn't have any money or reserve 1:1, that's the problem, Kevin look like a friend of the big scam or part of it you can't use a finger to remove the sun, the problem is that Sam uses people money to trade, invest, and give 1B to Biden, that's the main problem.
@@ZXSXVIC i agree
32 billion to 8 billion in debt 2.1 billion to CZ! Just stop Kevin!
He defending sbf everytime. Kevin is hidng something
How did ftx not have a 1 to 1 ratio like binance
This guy is a performance artist
This lady brings up very logical views. Kevin is dealing with emotions
He's still in denial. Bro, you invested in a ponzi scheme
Sad part is that he "invested" in the company using funds that SBF stole from FTX users!
I'm so confused on why he's still trying to defend SBF and FTX and decides to attack Binance for being a shareholder of FTX. FTX used customer funds and lied about it.
Plot twist, CZ orchestrated the over-leveraging of FTX as a major shareholder to inflate share value, forced FTX to buy out his shares, then crashed his competitor.
Did I just hear Kevin O'Leary implicitly threaten CZ? LOL this is getting more entertaining every day
Yes you did, he’s sending his Irish Mafia boys🎉😂
Based on the obscene dollars FTX was spending on sponsorships. Kevin had to know that Sam was paying out with investor's money. Greed won over, he got on the train, and became part of the conspiracy to defraud
Maybe Kevin O'Leary should also be investigated
He is now a complete joke.
He makes it up as he goes along.
How dare he continue to pass the blame into Binance.
He is being blackmailed or has lost his mind.
Guest lecturing at Harvard federal penitentiary!! 🤣🤣🤣
Did he threaten someone on national tv?
If Kevin isn't lying, he should pursue a defamation lawsuit.
The only course Kevin O'Leary is going to teach in the future will be at a clown college.
He could always teach a course on boater safety. In todays world that would be perfect.
Kevin O. Is an utter jerk and an accomplice Def.
He defending sbf everytime. Kevin is hidng something
He may also teach how to avoid direct questions and smokescreen simple questions. He’s cocky, arrogant and an accomplice . I can’t believe he says what he’s saying
Kevin is always showing up studid financial decisions made by the average individual which maybe new to the financial world or game. Now as he got caught lacking or not foreseeing this catastrophe knowing he was a share holder is like pulling the rug from under ones feet^^^ he is devastated
He called you a liar because you are a liar. We don't need you to defend crypto, give us evidence that what you're saying is true.
Kevin's father: "Never call an Irishman a liar."
Kevin: "Why? Because we pride ourselves on our honestly?"
Kevin's father: "Hell no. It's because we're CRAZY!"
In one breath he proclaims to be a victim, that his funds were lost or stolen by FTX and SBF.....
Then he goes on television and blames CZ and tells the world SBF did nothing wrong and he's willing to partner up and do business with him again......
Well maybe you and SBF can run some sort of business together from prison when you are bunk mates
He sounds exactly like every other investment manager caught for fraud
Mr. Not-so-Wonderful is really mad at CZ for dumping FTT token after CZ realized something is up with FTX and not once mentions that SBF was using customer funds…..my goodness who is he fooling here?
This guy is coming undone before our very eyes.
Call Kevin scammy or willfully ignorant, in the end it still amounts to the same thing, what he's saying is not accurate and predicated largely upon receiving a $15mil bribe.
Kevin O’Liar 😂😂😂
He did not make an offer, SBF reached out.
Kevin cares about three things:
1) Money
2) Money
3) Money
No, because all 3 looks the same. Actually he cares:
1) Money
2) $
3) Millions
I use to have so much respect for this man. I truly thought he was just a great business man. The money truly revealed his true intentions. Greedy old man trying to play both sides of the fence.
Same, I loved his style. No respect for him now.
Mr. Wonderful is in denial that he has been screwed by his buddy, it's sort of like having your wife run off with your best friend just hard to deal with.
Has anyone notice Kevin hasn’t changed suit in 3 days now
This is like unraveling a huge string of Christmas lights and finding out that most of them mysteriously got broken and now none of them work. so now.. who was the culprit? Merry Christmas.
Can someone please tell O’Leary that he no longer has to ride for FTX… game is over
Kevin says he’s not a liar, he’s actually crazy instead.
he is delearyous lol. hes not only desprately trying to wrong CZ for getting rid of a bad "asset" in his/bnb crypto portfolio ,wich is the only reasonable thing to expect or do . He is also naming crypto tokens in one breathe with stocks and shares. CZ even gave a fair warning ,otherwise selling that FTT tokens would be noticed immediately ,BUT after the sell and who can blame him for rearranging his/bnb portfolio. Should CZ kick n cry for "clawbacks" if FTT went to "the moon" the next day and CZ missed out on "mad gainz" ?
do you rly get rid of an asset that size by tanking it and causing havoc in the market? transactions this big are usually arranged one to one ... This does not take away from the fraud, but CZ obviously saw a chance to tank FTX and took it.
Binance wasn't the ones committing fraud inside FTX.
How much FTT was Binance able to sell before FTX declared bankruptcy?