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Kevin O’Leary: I’m Bored to Death of Crypto, Thank God for SEC Crackdown

Kevin O’Leary: I’m Bored to Death of Crypto, Thank God for SEC Crackdown

FromThe Daniela Cambone Show


Kevin O’Leary: I’m Bored to Death of Crypto, Thank God for SEC Crackdown

FromThe Daniela Cambone Show

ratings:
Length:
19 minutes
Released:
Jun 8, 2023
Format:
Podcast episode

Description

“Does [CZ] really have $54 billion of cash? I don't know. But if he doesn’t, you're at huge risk. They’ll go to zero like FTX,” says Kevin O’Leary, business mogul and star of ABC's hit TV series Shark Tank. He claims that regulators are trying to “starve CZ from oxygen” because investors will not do business with anyone charged with the allegations at the regulator level. “There's no transparency in ownership. You don't know who owns those wallets,” says O’Leary. However, he acknowledges that CZ is in a difficult position. “I actually have compassion for him today. I feel sorry for him.” Speaking of the controversial PGA/LIV deal, O’Leary argues that it’s a different world and the deal provides “an opening for every sport.” “My bet would be the Saudis go after soccer next,” he claims. “You can never make everybody happy all the time. That is an impossibility and you will deal with this criticism in perpetuity on anything you do and that's actually what corporate America has just learned,” he concludes. ➡️ Watch Here
Released:
Jun 8, 2023
Format:
Podcast episode

Titles in the series (100)

There's a thirst for economic and investment know-how. It's not taught in the classrooms or discussed via mainstream media. The Daniela Cambone Show is proud to bring you the exclusive news, interviews, and insight you can't get anywhere else. Host Daniela Cambone sets out to interview the top minds in finance to help explain new investments, opportunities, and industries that otherwise might be a mystery. From cryptocurrency, gold, silver, interest rates, and central banks, to the inner workings of the global economy, Daniela's goal is to get you to a comfortable level of financial understanding to achieve freedom.