Peter Schiff Explains "WHY Kevin O'Leary Is Just as Guilty as Sam Bankman-Fried"

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Peter Schiff Explains "WHY Kevin O'Leary Is Just as Guilty as Sam Bankman-Fried"
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â–ºIn this video, Peter Schiff has criticized Kevin O'Leary's involvement in the recent collapse of cryptocurrency exchange FTX. O'Leary, also known as "Mr. Wonderful" from the TV show Shark Tank, lost $15 million when FTX collapsed due to the actions of its CEO, Sam Bankman-Fried. However, Schiff argues that O'Leary did not actually lose any money, as the $15 million he invested in FTX was paid to him by Bankman-Fried to promote the exchange. O'Leary therefore did not invest his own money, but rather the money of FTX customers that Bankman-Fried had stolen. Schiff also points out that O'Leary did not invest the entire $15 million, but rather kept $5 million for himself. Schiff suggests that O'Leary should acknowledge his role in promoting a scam, rather than pretending to be a victim of it, and should have disclosed that he was paid to express his positive opinion of FTX. Schiff also discusses the ongoing enthusiasm of Bitcoin supporters, even in the face of the cryptocurrency's current market struggles. He argues that buying Bitcoin has never been an investment, but rather a speculation with no inherent value and no return. Instead, Schiff advocates for investing in gold as a more stable and reliable store of value.

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â–º Special Thanks & Credit to:
Peter Schiff :
https://www.youtube.com/c/peterschiff

Disclaimer: This video is for educational and entertainment purposes only. I am not a financial adviser. Please do your own research and consult with a professional before making any investment decisions.

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