Kevin O’Leary addresses CZ’s accusations that he is a liar and questions the $2.1 billion Clawback

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In a CNBC interview, Kevin O’Leary, Shark Tank investor, defended his role as a spokesperson of the defunct cryptocurrency exchange FTX. O’Leary reacted to CZ’s claim that he was a liar too. O’Leary stated that Binance’s CEO Changpeng ‘CZ’ Zhao was also accused of lying during an interview before the US Senate Banking Committee. O’Leary stated that Binance was the victim of the FTX collapse. Binance CZ strongly reacted and called him a liar during a subsequent CNBC interview. He stated that Binance’s decision to sell its $550m worth of FTT coins was what led to FTX’s ultimate death. O’Leary said, “You ask anyone why Sam Bankman Fried or the company was compelled to bankruptcy.” Because of the way the final half-billion was compressed, he had no choice. Binance announced on November 6 that it would sell its FTT holdings. Caroline Ellison, an ex-CEO of Alameda, offered to buy each FTT token for $22. The circumstances led to the demise of SBF’s crypto empire. Binance’s $2.1B clawback: O’Leary suggests.Kevin O’Leary suggested that Binance could offer a clawback on the $2.1B FTX paid to Binance for its shares. However, CZ merely replied that he was financially fine. CZ only offered an evasive answer, “We’re financial ok.” We encourage you to do your own research before investing.Join us to keep track of news: https://linktr.ee/coincuWebsite: coincu.comAnnieCoincu NewsContentsTags: BinanceBinance CZCZFTXFTX CollapseKevin O’Leary

 

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