Indeed, on December 29, the account pinned a tweet about a supposed giveaway and instructed followers to “click on the picture to join the event.” In a succession of tweets, the TV personality’s followers started to get suspicious due to the volume of tweets and the syntax used. Another tweet stated:
Kevin O’Leary loses millions over FTX collapse
Earlier this month O’Leary revealed that his involvement with the FTX cryptocurrency exchange cost him millions of dollars. Notably, O’Leary was paid $15 million by FTX to serve as a paid advocate for the now-bankrupt cryptocurrency exchange, which some people have referred to as fraudulent. FTX investors have filed a lawsuit against O’Leary among other celebrities claiming that the exchange’s ambassadors should have done more research and been more careful before endorsing the cryptocurrency company. The recent incident won’t have done O’Leary any favors within the cryptocurrency community, who are already distrustful of the entrepreneur and media personality as a result of the FTX marketing.