Republican Senator Pat Toomey grilled the FTX spokesperson Kevin O’Leary on the recent collapse of the crypto exchange.
RELATED: FTX is facing a class action lawsuit. What we know about the company. https://bit.ly/3uRgNKz
Congress waded into the complex, mystifying world of cryptocurrency Tuesday with a hearing on FTX, a newfangled company that found an old-fashioned way to lose billions of dollars, according to its CEO.
Federal prosecutors unsealed an eight-count indictment Tuesday against a former CEO, Sam Bankman-Fried, who was arrested in the Bahamas on charges including wire fraud and misusing customer funds. Customers lost an estimated $8 billion and the company has filed for Chapter 11 bankruptcy protection.
The hearing before the House Financial Services Committee explored the new frontier of cryptocurrency for transferring money – and wealth – through the digital realm. The unfamiliar landscape adopted a language of blockchain and crypto wallet.
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17 Comments
😴🥱🥴😴🥱🥴😴🥱🥴😴🥱🥴😴🥱🥴😴🥱🥴😴🥱🥴😴🥱🥴😴🥱🥴
Put him in jail too.
Who is "they"… The American government?
👆 – FIND YOUR LOVE IN YOU CITY! 💦😘a👄
Is this guy for real ? What's Kevin been smoking 🤣
Never liked that man. Hes dirty.
Curious about Kevin's offshore accounts.. oh yes… they don,t exist
There is so much more to this than Kevin is sharing. Shifting blame to competition. Just watch Michael Saylor's explanation of the fraud on Valutainment
Why does it seem Kevin O'Leary is constantly soft-pedaling the culpability of Sam Bankman-Fried?
Corruption of Hawaii's Gouverneur thru FTX MONEY TO THE CAMPAIGN
Kevin is still shilling. Sleazy.
Is this guy serious?
What a way to go down, he's throwing a life jacket to Sam well he's a shark he can survive in deep water
The market is very unstable and you can not tell If it's going bearish or bullish. I advise y'all to forget predictions and start making a good profit now because future valuations are all speculations and guesses.When these reports are bullish take some off to the side lines, when news gets bearish start buying. "Keep it simple simple" that bear/ correction was the best thing that happened me. <But all thanks to Kathleen Rife for her amazing skills for helping me to earn 13.6 Btc through trading chart. I believe we are in the spring phase…
Look at this snake O'Leary blaming Binance for FTX collapse! 🤣😂
Must be nice to get paid $15 Million to sell out.
This clown