Shark Tank star reveals failed plan
Kevin O'Leary almost secured $8 billion to rescue FTX |
Shark Tank star Kevin O'Leary, aka Mr. Wonderful, has shared how he and Sam Bankman-Fried (SBF) almost raised $8 billion from institutional investors to save crypto exchange FTX before it collapsed.
However, when reports emerged of FTX being investigated by several authorities, including the U.S. Department of Justice (DOJ) and the Securities and Exchange Commission (SEC), all interested investors vanished. Read more |
It's football season! You can win up to 500 Free Spins by predicting Win, Loss or Draw for every match of the World Cup '22 - Place your bets at Bitcoin.com Games to win Free Spins! | Prospects don't look so hot for SBF's invitation-only crypto event Following the FTX collapse and amid the aftermath, people have been wondering about the company's Crypto Bahamas conference that was scheduled to happen on April 17-20, 2023, at the exclusive Grand Hyatt Baha Mar, in Nassau.
The event planned for April 2023 was supposed to be hosted by the now-bankrupt FTX and the Skybridge Capital-backed Salt conference promoters. |
Putin calls for settlements based on blockchain, digital currencies Russian President Vladimir Putin believes a new system for international money transfers is needed to reduce dependence on big banks and third parties.
He is convinced that cross-border payments relying on digital currency and distributed ledger technology will be "much more convenient." |
Robert Kiyosaki: Crypto cannot be blamed for FTX collapse The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, is still bullish on bitcoin despite the collapse of crypto exchange FTX.
He stressed that the cryptocurrency cannot be blamed for the actions of former FTX CEO Sam Bankman-Fried. |
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