Two days after “Shark Tank” star Kevin O’Leary declared he wouldn’t invest in bank stocks in response to the failure of Silicon Valley Bank, Dogecoin DOGE/USD co-founder Billy Markus fired back a mocking retort.
What Happened: Markus, popularly known as “Shibetoshi Nakamoto,” responded to a Twitter account ‘unusual whales’ that posted that O’Leary said that he will “never buy a bank stock again as Biden ‘has essentially nationalized the industry’ post-Silicon Valley Bank.”
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Markus responded saying, “Kevin O’Leary still thinks FTX is a good investment.”
O’Leary, earlier in December, said he was paid a little less than $15 million to be a spokesperson for FTX but ended up losing almost all the money after the cryptocurrency firm’s collapse.
In a Senate meeting in November 2022, O’Leary accused Binance of leveraging the FTX scandal to gain a global monopoly by putting FTX out of business. He cited Sam Bankman–Fried‘s purchase of FTX shares from Binance as evidence of some money being transferred to Binance.
Binance CEO and co-founder Changpeng Zhao, popularly known as “CZ,” called O’Leary a “liar,” saying he was “making a bunch of nonsense claims” about Binance.
Price Action: At the time of writing, DOGE was trading at $0.074, up 4.25% in the last 24 hours, according to Benzinga Pro data.
Image and article originally from www.benzinga.com. Read the original article here.