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Shark Tank investor Kevin O’Leary has revealed he lost all of the $15 million he was paid by FTX following the crypto firm’s collapse. O’Leary struck a deal for the bumper Kevin O’Leary admitted to falling prey to “groupthink,” adding that none of his investment partners had lost money. He aggressively promoted FTX on social media, touting Binance CEO Changpeng CZ Zhao on Friday strongly criticized Shark Tank fame Kevin O'Leary for defending former FTX CEO Sam Bankman-Fried. He says Kevin O'Leary losing $15 million “Shark Tank” star Kevin O’Leary said that FTX paid him $15 million to be the company’s spokesman but he lost nearly all of it when the crypto exchange went bust. La estrella de Shark Tank e inversor Kevin O'Leary, conocido en algunos círculos como Mr. Wonderful, ha afirmado que prácticamente ha perdido los USD 15 millones Kevin O’Leary, the host of Shark Tank was one among them. However, he failed to bag the $15 million that the exchange had paid him to be its spokesperson. O’Leary Shark Tank star and investor Kevin O’Leary, known in some circles as Mr. Wonderful, has claimed he has all but lost the $15 million FTX paid him to be its official Television personality Kevin O’Leary recently said he lost the total sum of $15 million FTX paid him as a spokesman. The Canadian investor and media contributor referred Canadian celebrity investor Kevin O’Leary said that he lost his entire $15 million payout from FTX, the defunct cryptocurrency exchange for which he was an ambassador. Kevin O’Leary, a judge on the television show Shark Tank and a contributor to CNBC, said on December 8 in an interview with CNBC that he had lost $15 million that FTX

FTX Collapse: Kevin O\'Leary Loses $15 Million But Still Defends SBF

Shark Tank investor Kevin O’Leary, known as Mr. Wonderful to some, has admitted to a significant financial blow: he lost all of the $15 million he was paid by FTX before the crypto firm’s dramatic collapse. This revelation comes amidst continued controversy surrounding O\'Leary\'s defense of former FTX CEO Sam Bankman-Fried (SBF).

The $15 Million FTX Deal Gone Wrong

O’Leary, also a CNBC contributor and Canadian celebrity investor, struck a deal with FTX for a bumper $15 million, making him the company’s spokesman. He aggressively promoted FTX on social media, becoming a key figure in their marketing efforts. However, the collapse of FTX left him with practically nothing, as he failed to bag the $15 million effectively. Television personality Kevin O’Leary recently said he lost the total sum of $15 million FTX paid him as a spokesman.

O\'Leary\'s Defense of SBF Sparks Criticism

Despite losing his entire $15 million payout from FTX, the defunct cryptocurrency exchange, O\'Leary continues to defend SBF. This stance has drawn sharp criticism, including from Binance CEO Changpeng "CZ" Zhao, who strongly criticized Shark Tank fame Kevin O\'Leary for defending former FTX CEO Sam Bankman-Fried. He says Kevin O\'Leary losing $15 million doesn\'t change anything.

“Groupthink” and Investment Partners

O’Leary admitted to falling prey to “groupthink,” adding that none of his investment partners had lost money due to his FTX involvement. La estrella de Shark Tank e inversor Kevin O\'Leary, conocido en algunos círculos como Mr. Wonderful, ha afirmado que prácticamente ha perdido los USD 15 millones he received from FTX.

O\'Leary\'s Future After FTX

The Canadian investor and media contributor, known from Shark Tank, faces scrutiny over his role in promoting a company that ultimately defrauded many investors. Kevin O’Leary, the host of Shark Tank was one among them. However, he failed to bag the $15 million that the exchange had paid him to be its spokesperson. The future remains uncertain for O\'Leary and other celebrity endorsers of FTX.