It is known, the Canadian businessman is a great admirer of Sam Bankman-Fried. In recent years, he has missed no opportunity to praise the founder of the FTX crypto exchange. Last month, he said in an interview that FTX is the last place he would expect to have trouble. A statement that came in the context of a bear market and where the question of the credibility of players in the sector was raised. If Kevin O’Leary lost a lot of money in the collapse of FTX, he continues to believe in the potential of Sam Bankman-Fried.
Kevin O’Leary will continue to support SBF
At a exchange with Youtuber Crypto Banter, Canadian businessman Kevin O’Leary returned to the news of the sector. Contrary to all the stories where we raise the responsibility of SBF in the FTX scandal, Kevin O’Leary said all the good things he thought of SBF. For him, SBF remains an excellent trader, capable of generating income. He indicated that he would hire SBF in his team if the ex-CEO confines himself to a strict role of trader.
“You can love him or hate him given what happened, but I think we can all agree that he was one of the most brilliant traders in the crypto universe”did he declare.
When asked if he would support SBF in a hypothetical new crypto venture, Kevin O’Leary said he would. This, as long as the ex-boss of the crypto exchange would only have commercial control of the assets, instead of operational control. He added that he strongly believes SBF’s future ventures will be worth watching by investors.
You should know that Kevin O’Leary lost significant sums in the crash of FTX. But he is happy to have diversified his investments, which means that he is not very affected by the situation. Separately, O’Leary advised investors to consider cold storage of their assets to stay safe during this difficult time.
Kevin O’Leary’s position offers a different approach, while the whole community resents SBF. A few days ago, Billy Markus, the founder of Dogecoin (DOGE), strongly criticized SBF. He also called on the community and investors to beware of him.
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