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  4. “Binance Put FTX Out of Business Intentionally”: Kevin O’Leary
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“Binance Put FTX Out of Business Intentionally”: Kevin O’Leary

Investor Kevin O’Leary testified against Binance in the US Senate hearing on FTX.As former FTX spokesman, O’Leary claimed that Binance intentionally destroyed FTX.In...
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“Binance Put FTX Out of Business Intentionally”: Kevin O’Leary “Binance Put FTX Out of Business Intentionally”: Kevin O’Leary

  • Investor Kevin O’Leary testified against Binance in the US Senate hearing on FTX.

  • As former FTX spokesman, O’Leary claimed that Binance intentionally destroyed FTX.

  • In his testimony O’Leary said, “Binance has an unregulated global monopoly.”

The Shark Tank judge, Kevin O’Leary, recently spoke at a Senate hearing and addressed the crash of the FTX crypto exchange. Senator Patrick Joseph Toomey Jr. of the United States questioned O’Leary about what according to him led to FTX’s decline during evidence at the Senate hearing. O’Leary slammed Binance in the hearing by blaming the rivalry between the former with FTX and said “Binance intentionally put FTX out of business”.

Contextually, the Bankman-Fried fiasco has finally reached the court after months of fear, uncertainty, and doubt in the crypto community. The collapse of the FTX exchange has drawn attention to certain celebrities and public figures who advocated FTX, yanking them under investigation and into the fire.

Kevin O’Leary, a former spokesman for FTX, had opposing views about Binance in his testimony. The investor said,

I have an opinion, I don’t have the records. These two behemoths that own the unregulated market together and released incredible businesses in terms of growth, were a ...

The post “Binance Put FTX Out of Business Intentionally”: Kevin O’Leary appeared first on Coin Edition.

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01-05-2024 10:45:17 (UTC+7)

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Moving Avg:

Buy (0)

Sell (12)

Indicators:

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EUR/USD

1.0658

-0.0008 (-0.07%)

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Moving Avg:

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Sell (12)

Indicators:

Buy (2)

Sell (3)

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1.2475

-0.0015 (-0.12%)

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157.91

+0.12 (+0.07%)

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Moving Avg:

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AUD/USD

0.6469

-0.0003 (-0.05%)

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Moving Avg:

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1.3780

+0.0003 (+0.03%)

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168.32

+0.10 (+0.06%)

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EUR/CHF

0.9808

+0.0001 (+0.01%)

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4,920.55

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5,035.69

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8,144.13

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17,763.03

+16.12 (+0.09%)

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1,973.05

-42.98 (-2.13%)

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10,854.40

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266.60

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6.714

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 EUR/USD1.0658↑ Sell
 GBP/USD1.2475↑ Sell
 USD/JPY157.91↑ Buy
 AUD/USD0.6469Neutral
 USD/CAD1.3780↑ Buy
 EUR/JPY168.32↑ Buy
 EUR/CHF0.9808Neutral
 Gold2,295.80↑ Sell
 Silver26.677↑ Sell
 Copper4.5305↑ Buy
 Crude Oil WTI81.14↑ Sell
 Brent Oil85.62↑ Sell
 Natural Gas1.946↑ Sell
 US Coffee C213.73↑ Sell
 Euro Stoxx 504,920.55↑ Sell
 S&P 5005,035.69↑ Sell
 DAX17,921.95↑ Sell
 FTSE 1008,144.13Sell
 Hang Seng17,763.03↑ Sell
 Small Cap 20001,973.05↑ Sell
 IBEX 3510,854.40Neutral
 BASF49.155↑ Sell
 Bayer27.35↑ Sell
 Allianz266.60↑ Sell
 Adidas226.40↑ Sell
 Lufthansa6.714Neutral
 Siemens AG175.90↑ Sell
 Deutsche Bank AG15.010Neutral
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