Famous Investor Pointed To Big Exits, Said This Kind Of Crypto Exchanges Will Crash!

Famous Canadian businessman and investor Kevin O’Leary stated that after the FTX bankruptcy, there were big exits from unregulated cryptocurrency exchanges, and suggested that they will collapse one by one in the near future.

Kevin O’Leary January 17 in a program he attended on you have enlivened suggested. Investor, unregulated balance sheet of stock markets make-up themselves more than they are strong claimed to have shown. With the developments in the past year and the FTX bankruptcy, many investors’ unregulated stock markets that you left Investor transferring these stock markets, one by one, in the future. to sink continue will expressed.

Most unregulated exchanges commission discounts for your own tokens Stating that it is obligatory to take them out and buy them to customers, O’Leary said that the remaining tokens of the exchanges to its own balance sheet take and inflated a value balance sheet strong He said he was trying to show it. The investor added that in case these tokens are sold, it will be understood that the relevant valuations are not fair.

on the other hand proof of reserve Speaking about the system, O’Leary said that proof of reserve to misunderstandings pointed out that it could lead to Investor, digital asset service providers control of completely a new discipline that’s why it’s traditional audit companies from operating in this market. that you avoided expressed.

O’Leary continues to invest in crypto investments and Bitcoin (BTC) 17 thousand your dollar as it falls below their positions has increased expressed.

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