Shark Tank star and investor Kevin O’Leary, known in some circles as Mr. Wonderful, has claimed he has all but lost the $15 million FTX paid him to be its official spokesperson.
It's all at zero, I don’t know cos my account got scraped a couple of weeks ago.
All the data, all the coins, everything.”
In response, he essentially fessed up to making a massive error, noting “I obviously know all the institutional investors in this deal, we all look like idiots, let’s put that on the table.”
Sam Bankman-Fried is an American, his parents are American compliance lawyers.
Despite the whole debacle, O’Leary has previously said he would still have SBF on his team, and in a tweet on Dec.8, he reiterated that he is not scared off investing in entrepreneurs that have massive failures as “failure is often the best teacher.”
Source: Cointelegraph