4 ms·
Watch his testimony before Congress about FTX. He says in no uncertain terms that the cause of the collapse was Binance. He's also stated early on in the collap
by mshake2 4y ago
Watch his testimony before Congress about FTX. He says in no uncertain terms that the cause of the collapse was Binance. He's also stated early on in the collapse that he would back SBF again. He's a paid shill.
- JCharante 4y agoI mean CZ did sell FTX Tokens didn't he? Add on that the main competitor of FTX dumped FTX Tokens on exchanges which drove down the price.
- mshake2 4y agoNow we're moving the goalposts into a separate discussion. The question was whether or not O'Leary supported SBF post collapse.
- sillysaurusx 4y agoThanks for pointing out O’Leary’s testimony. I hadn’t heard it.
- notch656c 4y agoHave you watched the testimony? I encourage you to watch it. It's not just that he said those things, it's that he omitted much of the rest. As a third party observer his responses were just absolutely baffling. Whenever blame was pointed at Sam he seemed to say some variation "we need more data" or "we need <my brand> of regulation" or deflecting to Binance/CZ while not giving Binance the same benefit of "we need more data" that he gave to Sam. I've come to question if O'Leary is to SBF as Jeffry Picower was to Madoff. An entity who perhaps secretly knew but can never be proven to know and just looks like another victim.
- shapefrog 4y ago> CZ did sell FTX Tokens Because he was concerned they were insolvent and were using customer funds to cover trading losses and buy penthouses. Turns out they were insolvent and using customer funds to cover trading losses and buying penthouses. Unless CZ held a gun to SBFs head and made him lever up, lose billions then double down, take customer funds to the casino and try to win back $10billion then its kinda hard to blame CZ.