The entire FTX debacle put Sam Bankman-Fried, the platform’s former CEO in a destructive gentle. With all the ecosystem frowning upon him, SBF nonetheless determined to look in an interview. Within the interview, SBF is seen attempting to defend himself by suggesting that he “didn’t attempt to commit fraud.” Whereas most of them continued to name out the FTX founder, a number of of them have been seen extending assist.
As talked about earlier, SBF apologized and revealed that he had solely $100K left in his checking account with just one bank card in operate. American billionaire Invoice Ackman took to Twitter and advised that FTX’s former CEO may very well be telling the reality.
Ackman wasn’t the one one who nonetheless entailed hope on SBF. Shark Tank’s host Kevin O’Leary backed Ackman as he tweeted,
“I misplaced tens of millions as an investor in @FTX and acquired sandblasted as a paid spokesperson for the agency however after listening to that interview I’m within the @billAckman camp concerning the child!”
This didn’t sit effectively with the group. Each O’Leary, in addition to Ackman, have been known as out for his or her tweets. The group identified how people ought to overview their positions if they’d funded with Ackman. One Twitter consumer said,
“Man doesn’t make the distinction betwen fraud, an change, fractional reserves, and a hedgefund.”
One other particular person who was visibly enraged by this was Dogecoin’s Billy Markus. Markus tweeted,
Cardano founder additionally reacts to O’Leary’s tweet backing SBF
Much like Dogecoin’s Markus, Cardano’s Charles Hoskinson advised that the newest ordeal with SBF was proper out of a Quantum Leap episode.
This wasn’t the primary time that the Shark Tank host was seen supporting SBF. Proper after the notorious collapse of FTX, O’Leary revealed that he would pour cash into SBF’s future ventures. Elaborating on the potential for the identical he added,
“If I may put him on my workforce in a really straight vertical the place he doesn’t have the flexibility to maneuver belongings round however has the flexibility to commerce them, yeah I’d.”
Whereas the group identified how “Sam dedicated one of many largest frauds in historical past,” O’Leary continued to really feel pity for SBF.
