Kevin O’Leary, the millionaire investor and “Shark Tank” television personality, was reportedly paid $1 million per hour to promote the now-defunct cryptocurrency exchange FTX.
According to a tweet shared by Coffeezila, an on-chain investigator, the self-made millionaire allegedly received $15.7 million in compensation for providing “twenty service hours, 20 social media posts, one virtual lunch, and five autographs” to promote the Sam Bankman-Fried exchange, which collapsed in November 2022.
Kevin O’Leary Was Paid Big Millions To Promote FTX
While the exact timeline and details of the agreement remain undisclosed, what’s publicly known is that O’Leary was a paid spokesperson for FTX in Q4 2022. The exact time the millionaire started “shilling” or promoting the exchange is unclear. However, by November 2022, FTX went under, sinking with over $8 billion of customer funds.
Bitcoin (BTC) prices flash-crashed to as low as $15,800 before rebounding in subsequent sess
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