Kevin O'Leary WARNING: "Voyager Collapse Just The Start To What's Coming!"

Kevin O'Leary WARNING: "Voyager Collapse Just The Start To What's Coming!"

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Today, July 7, 2022, the Youtube channel Only The SAVVY has published a new content with the title Kevin O'Leary WARNING: "Voyager Collapse Just The Start To What's Coming!". If you want to watch this video in streaming, you have come to the right place!

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More Pain Like Voyager Is Coming! | Kevin O'Leary WARNING

The crypto winter is not letting up. It seems that every day, a piece of negative news is in the headlines. The latest is Voyager Digital filing bankruptcy, despite a cash infusion from Sam Bankman-Fried. In the bankruptcy filings, Voyager’s CEO Stephen Ehrlich stated that the company's bad financial state was caused by two issues; First, high inflation and rising interest rates have caused crypto prices to crash, with bitcoin down 60% from its all-time-high in 2021. Second, Three Arrows Capital, a crypto hedge fund, defaulted on a $650 million loan issued by Voyager in March. Sam Bankman-Friend, Crypto’s version of JP Morgan Is in the middle of all of this turmoil, doing all he can to save face for the crypto industry by bankrolling many failing institutions. However, all efforts might be futile, according to veteran investor Kevin O’Leary. In an interview on the Meet Kevin podcast, O’Leary stated that there is an inherit cycle to all markets, and crypto is just the latest to go through the experience. O’Leary stated that in the coming months, more companies will fold. Mainly because of leverage and inexperience from the leaders of this firm. O’Leary’s view is somewhat consistent with that Bankman-Fried, who recently stated that many of the crypto institutions are secretly insolvent. This may sound all doom & gloom, but in the long run, O’Leary believes this cleansing is good for the overall health of the crypto industry.
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THIS INTERVIEW WAS POSTED ON JULY 6, 2022
Listen to the full unedited interview here ⬇ [Credits] 🙏
Confronting Kevin O’Leary | The Crypto Collapse w/ WonderFi.
https://www.youtube.com/watch?v=7UwctVSpDrA
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🎵BACKGROUND MUSIC licensed through AudioJungle & Epidemic Sound

🎥FOOTAGE licensed through VideoBlocks and Filmpac, except parts about the topic that have been used under fair use.
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FAIR-USE COPYRIGHT DISCLAIMER
Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, commenting, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational, or personal use tips the balance in favor of fair use.

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