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Kevin O’Leary blames Binance for FTX’s collapse

Shark Tank Kevin O’Leary, who admitted to having lost $15 million in FTX, the amount he had received to be a spokesperson for the exchange, declared during a Senate hearing on Wednesday that Binance was to blame for the collapse of FTX.
He himself is facing a class action lawsuit, along Shaquille O’Neal, Tom Brady and his ex-wife Giselle Bundchen for their involvement in promoting the now-defunct exchange.
Would he have preferred things to go as they were and for more people to get involved and have their funds stolen by a clearly mismanaged exchange?

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Flavien

Greetings, I go by the name of Flavien - a devoted supporter of cryptocurrency and a tech aficionado who has been keeping track of the developments in the world of blockchain and digital currencies since 2019. The potential of decentralized digital currencies to revolutionize our financial systems has captivated me, and I'm constantly exploring the most recent trends and advancements in this ever-evolving industry. As a content creator for Krypto Channel, my aim is to deliver informative and engaging articles that shed light on all aspects of the crypto world. Whether you're a seasoned investor or simply curious about blockchain technology, I am here to keep you updated on the latest happenings and trends. Being part of this lively and dynamic community is an honor, and I am thrilled to share my passion for cryptocurrency and blockchain with all of you.
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