Youtuber Bitboy Crypto is one of the most famous crypto enthusiasts and bitcoiners. He produces programs on the Internet, where he dissects the news of the digital asset sector and also conducts surveys. In particular, he provided important information during the events leading up to the fall of FTX. This makes him one of the most influential voices in the business. In an interview with the Altcoin Daily channel, Bitboy named Crypto as those responsible for the recent crashes. Who are they ?
Kevin O’Leary, “the snake” and the mastermind behind the 2022 bankruptcies?
Youtuber Bitboy Crypto is formal. Canadian investor Kevin O’Leary is a central player in the Celsius crash and other crashes of 2022. He says he had ties to FTX founder Sam Bankman-Fried as a very close accomplice. The youtuber said he has proof of his allegations and is ready to answer them.
He recalls that a few weeks before Celsius went bankrupt, a rumor circulated about the alleged ill health of the company. We remember that the rumor also spread the information that there would be obstacles to withdrawing the money. The FUD that spawned from this rumor caused a rush of investors to the platform. As pressures on liquidity mounted, the company was forced to file for bankruptcy protection.
While Bitboy held CEO Alex Mashinsky responsible for mismanagement, he blames Kevin O’Leary and SBF for being behind the cryptocurrency lender’s fall. In addition, he asks: “Nobody thinks it’s weird that in June, just before everything started with Celsius, Kevin O’Leary goes to Coin Desk and says, I think just before we have a change in the market, we’re going to have to see Celsius go to zero?” .
According to him, the motive is that FTX needs to take advantage of any crash to avoid its own liquidity problems.
“Kevin O’Leary is a snake (…) He was 100% complicit in helping FTX lower Celsius. We now know that they and Sam are behind every crash this year. Sam was behind Terra Luna, Sam was behind Celsius, Sam was behind Voyager, Sam was behind Three Arrows Capital (…) Now you understand why Sam had a huge short position on the CEL token. »continued Crypto Bitboy.
Bitboy Crypto, which has hammered home the evidence of its claims, reiterated that O’Leary and SBF are complicit. He says it’s indisputable because even after FTX’s fall and resulting loss, the investor said he continues to trust SBF.
Bitboy also called on the crypto community to question the actions of O’Leary, who continues to defend SBF in the public eye.
The other highlight of Bitboy Crypto’s comments is that O’Leary-backed investment firm WonderFi was one of the last to send money to FTX to try and keep the company afloat. In addition, exchanges, such as Celsius and rival projects with Solana, are said to have been targeted by the duo.
Get a summary of the news in the world of cryptocurrencies by subscribing to our new service fromdaily and weekly so you don’t miss any of the essential Cointribune!
Far from dampening my enthusiasm, a failed investment in a cryptocurrency in 2017 only added to my enthusiasm. I therefore decided to study and understand the blockchain and its many applications and to pass on information about this ecosystem with my pen.