O’Leary, who said he shed $10 million amid FTX’s implosion, doubled down on his claims Binance wouldn’t provide data that would clear FTX for a license and force Bankman-Fried to buy out its stake for Binance to take down one of its biggest competitors.
“You ask anybody why was Sam Bankman-Fried or the whole company FTX forced into bankruptcy? It was jamming down that last half a billion that gave them no option,” O’Leary said, referring to Binance’s stake. “Now is that the fatal stroke or blow to get rid of your global competitor? I say yes.”
O’Leary speculated regulators start looking at Binance as they continue probing FTX, adding he received a text from a lobbyist in Washington asking him to stay in the area.
“So I bet CZ bought himself an invitation to Washington yesterday. Can’t wait to meet him there. We can go sightseeing,” O’Leary said.
