Per Gizmodo: Kevin O’Leary, an investor best known from the show Shark Tank, was asked on Tuesday if he’d still invest in Sam Bankman-Fried again, even after the FTX founder admitted to funneling billions of dollars in customer funds to his own hedge fund and caused the crypto platform to file for bankruptcy last week, upending the entire cryptocurrency sector. O’Leary thinks about the question for a few seconds and said yes, he would invest in Bankman-Fried, in a clip that’s gone viral on social media.
O’Leary, who’s previously been a paid spokesperson for FTX, made the shocking admission on an episode of the YouTube show Crypto Banter which boasts over a half million subscribers. O’Leary admitted that while Bankman-Fried, or SBF as he’s often known, could actually go to prison for what he did, the 30-year-old is supposedly a genius who should get a second chance.
“I think we can all admit—you can love him or hate him, given what’s happened— but he was one of the most brilliant traders in the crypto universe. He also built one of the most robust platforms. We used FTX actively. It was a very robust platform that allowed us to get information on a compliant basis, so I really like what he built...” O’Leary said.
