The Shark Tank star is a phenomenon widely recognized by the crypto community. Kevin O’Learymade remarkable statements on CNBC’s Squawk Box broadcast the other day.
Famous phenomenon, on the air FTX He announced that he made a profit of $ 4.3 million considering all his action, despite the fact that his stock market went bankrupt. O’Leary is quite angry with the faltering stock market, even though he has secured a profit.
Kevin O’Leary stated that he invested $1 million in the equity of the FTX exchange and currently $9.7 million worth of cryptocurrencies have been reset in the exchange wallet.
“The institutional interest in FTX on the US equity was unbelievable. Not a single dollar that I lost was anyone else’s money except for mine,” says @kevinolearytv. “I put about $9.7 million into crypto. I think that’s what I lost. I’m all at zero. It was not a good investment.” pic.twitter.com/RDj2hlcAk3
— Squawk Box (@SquawkCNBC) December 8, 2022
“Institutional investors’ interest in FTX has been incredible. The money I lost is only my concern, all my investment was mine. I invested about $9.7 million in crypto and lost it all. This has not been a good investment move for me.”
O’Leary Gets Big Pay For Sponsorship From FTX
The famous phenomenon is in profit at the end of the day due to the sponsorship deal despite resetting its $9.7 million cryptocurrency. The bankrupt cryptocurrency exchange paid O’Leary a hefty $15 million to promote the exchange.
The crypto phenom invested $1 million of the money from this deal in FTX equity, while with $9.7 million altcoin he bought. Thus, O’Leary has $4.3 million left from the sponsorship deal.
Kevin O’Leary is still one of Sam Bankman-Fried’s biggest advocates despite the stock market crash.
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