Canadian reality TV titan Kevin O\u0027Leary has admitted he was burned for $15 million in the crypto kids\u0027 FTX market meltdown.
O’Leary — AKA Mr. Wonderful — joins a long list of celebs, jocks and tech tycoons left holding the bagSign up to receive daily headline news from the Ottawa SUN, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc.
“ total deal was just under $15 million all in, including a bunch of agents that I had to pay,” he told CNBC on Thursday.Article content He added: “Then I lost the money that I invested in the equity as well. Those are zeros too. It was not a good investment.”Photo by FTXIndeed. Now O’Leary finds himself named with other celebrity backers — including Tom Brady, Gisele Bundchen, Shaquille O’Neal, Steph Curry and Larry David — in a lawsuit. They are accused of being responsible for “billions of dollars in damages.”“I obviously know all of the institutional investors in this deal.
Meanwhile, industry news site CoinGeek reports that Bankman-Fried’s Harry Potter-loving romantic partner and business associate, Caroline Ellison, may be ready to flip on her former paramour.TWITTER
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'LOOK LIKE IDIOTS': Kevin O'Leary burned for $15M in FTX meltdownCanadian reality TV titan Kevin O\u0027Leary has admitted he was burned for $15 million in the crypto kids\u0027 FTX market meltdown.
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