Bitcoin $115,257.05 -0.71%
Ethereum $4,512.81 -2.64%
BNB $919.96 -1.53%
Optimism $0.74 -6.50%
Arbitrum $0.49 -5.40%
Solana $234.12 -3.53%
Polygon $0.22 +2.77%
Cosmos $4.51 -3.70%
Avalanche $29.85 -0.97%

Bitcoin $115,257.05 -0.71%
Ethereum $4,512.81 -2.64%
BNB $919.96 -1.53%
Optimism $0.74 -6.50%
Arbitrum $0.49 -5.40%
Solana $234.12 -3.53%
Polygon $0.22 +2.77%
Cosmos $4.51 -3.70%
Avalanche $29.85 -0.97%

Kevin O'Leary Tells US Lawmakers FTX Failed Because Binance Intentionally Killed It

Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has told U.S. Congress that he believes the collapsed crypto exchange FTX failed because rival Binance intentionally put it out of business. He said former FTX CEO Sam Bankman-Fried (SBF) told him that Binance, which owned a 20% equity stake in FTX, refused to comply with regulators’ requests whenever FTX applied for a license in different jurisdictions.

(By Kevin Helms)

Bahamian Government Officials Allegedly Asked SBF to Mint Millions of Dollars in New Tokens

SEC Charges FTX CEO SBF for Defrauding Investors a Day After His Arrest

FTX's Bahamas Liquidators Seek to Exclude Over $200M Worth of Luxury Properties From Liquidation

What Media Has Sam Bankman-Fried Invested in Other Than The Block? Here Is a List

Bahamian AG and Prime Minister Announce Sam Bankman-Fried’s Arrest in the Bahamas

BNB $919.96

-1.53%

Crypto FTX Binance

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Kevin O'Leary Tells US Lawmakers FTX Failed Because Binance Intentionally Killed It

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