Kevin O’Leary on why he invested in FTX and his recent conversation with Sam Bankman-Fried

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Published 2022-12-08
Venture capitalist Kevin O'Leary joins CNBC's 'Squawk Box' to discuss why he took an equity stake and became a spokesperson for the now-bankrupt crypto exchange FTX. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/2NGeIvi

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All Comments (21)
  • @JustAFocus
    A greedy sociopathic investor invests in a company run by greedy sociopaths. Then, gets defensive when everything goes south. Not much else to see here.
  • @MrFargo1001
    There are two absolutes to remember: 1) When financially doing anything, always follow the Money. 2) Never believe anything Kevin O'Leary says.
  • @larryo6874
    So Kevin was paid 15 million by FTX to promote FTX and he invested about 10 million in FTX which is likely gone so Kevin came out ahead 5 million.
  • @suarasemesta
    these invesment based on "american" , nationality, racism is absurd. have fun getting rekt.
  • @oldcat87
    O’Leary is defending SBF, let that sink in.
  • @NichoD3
    Kevin thought it was garbage…until FTX came calling and gave him tens of millions to like crypto
  • @ethan.9415
    I stumbled upon one of SAM clients testimonies and decided to try HIM out...I'm Expecting my third profit., the best way to take advantage of this bear market.
  • O'Leary's going to get to the bottom of this..... And OJ's going to find the real killer.
  • Kevin O'Leary's new book: From FTX to SEC: How a shark transforms into a cockroach
  • I love the part where he said he got on board because SBF and his parents are Americans.
  • @WolfBoehme
    I love when Kevin O'Leary calls himself an institutional investor. If he's an institutional investor, I'm Warren Buffett
  • @sheerluck4284
    He didn't lose money, what he invested was given to him by FTX. It'll always be the retail investors who'll take the hard hit.
  • I posted numerous comments on your previous videos months ago asking how FTX can afford to pay 5% yields on any balance of any type of crypto. The signs were all over that they were illegitimate. AZ44T is the only we can trust based on brand and utility.
  • @knicknac6820
    There were three groups of people who got suckered by FTX and SBF: Those who were greedy, those who were arrogant, and those who were gullible (and perhaps downright stupid). Kevin O'Leary embodies all three.
  • Kevin does not realize the damage he did to his reputation in this interview. 1. No due diligence because he allowed himself to be bought and paid for. 2. He was evasive when questioned as to SBF’s role in the fraud. I believe he was trying to protect himself from litigation with his comments. A great CEO salesman once told me the best and easiest person to sell to is a salesman. He got sold big time! It will be interesting to see if and how he will recover his reputation from this one.
  • I knew that AZ44T was ahead of the game, but my mind is officially blown
  • @WolfBoehme
    Finally! Andrew Ross Sorkin's mother must have finally sat him down and told him he needs to ask real, direct questions. Well done
  • With everything going on I am fully putting trust in AZ44T and I can give you three reasons why you should as well: Stability, utility, brand power