Crypto exchange FTX failed because of rival Binance, Kevin O'Leary tells U.S. Congress

Shark Tank star Kevin OLeary has a different explanation for why the crypto exchange FTX failed, which he shared with U.S. senators. OLeary told U.S. Congress that the reason for FTXs failure was because rival Binance intentionally put it out of business. The Shark Tank star shared his views on the collapse of the crypto exchange FTX on Wednesday during a congressional hearing titled Crypto Crash: Why the FTX Bubble Burst and the Harm to Consumers, which was held before the Senate Committee on Banking, Housing, and Urban Affairs. Why do you believe FTX failed? OLeary was asked by Senator...

source: https://tokenpost.com/Crypto-exchange-FTX-failed-because-of-rival-Binance-Kevin-OLeary-tells-US-Congress-9846

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