‘Shark Tank’ Judge: I Look Like an Idiot for Flogging FTX

Dec 9 2022 by The Daily Beast

 
Christopher Willard/ABC via Getty Images

Just 16 months ago, Shark Tank judge Kevin O’Leary announced that he had taken an equity stake in the crypto exchange FTX, a deal that also paid him nearly $15 million to serve as a corporate ambassador. At the time, he assailed much of the cryptocurrency landscape as “fraught with risks that I can not take.” But he said that FTX stood out as a beacon of responsibility that satisfied O’Leary’s “own rigorous standards of compliance.”

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