Kevin O’Leary reacts to the accusations of Czechoslovakia and raises more questions

In an interview with CNBC, Shark Tank investor Kevin O’Leary defended his role as a company spokesperson exchange From Digital currencies In FTX’s bankruptcy. O’Leary has also responded that CZ’s claim is false.

According to O’Leary, Binance CEO Changpeng ‘CZ’ claims Zhaoindicated that he had committed perjury while testifying before the US Senate Banking Committee on December 14.

O’Leary doubles down on Binance’s role FTX breakdown

in the senate session, O’Leary saw that Binance was shut down to rival FTX. The statement drew a strong response from Binance CZ, who called it false in a separate interview with CNBC.

However, the well-known investor insisted that Binance’s decision to sell its worth of FTT coins 550 million dollars It played a role in the eventual demise of FTX. O’Leary said:

“Are you asking anyone why Sam Bankman-Fried or the company was forced into bankruptcy? It was just plugging in the last 500 million people and leaving them no choice.”

On November 6, Binance revealed that it will be liquidating its holdings of FTT. Former Alameda CEO Caroline Ellison, offered to buy each FTT token at $22 each. However, events culminated in the eventual demise of the SBF crypto empire.

O’Leary proposes to recover $2.1 billion from Binance

Kevin O’Leary suggested as well Of the $2.1 billion provided by FTX Binance paid to buy Procedures May be subject to recall.

If he were on the credit committee, he said, he would look to get the $2.1 billion back because every shareholder should have an answer.

Meanwhile, he indicated that payment may not be subject to A Madoff-style restoration.

according to reportsAnd the The Binance CEO dismissed concerns about a potential recoveryNo actions FTX bankruptcy. However, CZ only gave an evasive answer “we are doing well financially”.

His response generated a lot of FUD among the crypto community on Twitter, with one member asking him a yes/no question about his company’s creditworthiness.

Binance has processed billions of withdrawals over the past week As society becomes increasingly concerned about the solvency of different exchanges Centralized.

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