The host of "Shark Tank" said he is giving Sam Bankman-Fried the benefit of the doubt.
On Friday, he appeared on CNBC's "Squawk Box", where he was questioned about his role in the company and Bankman-Fried's alleged fraud.
"I don't know what the facts are." John Ray does not have them yet. The man is going to get them. I'm looking through my files. I'm willing to give money for a forensic account.
He defended Bankman-Fried during discussions with CNBC's Andrew Ross Sorkin, Joe Kernen, andBecky Quick.
This is the United States. The presumption of innocence is provided by the justice system
US federal prosecutors charged Bankman-Fried with wire fraud and conspiracy to commit money laundering after he was arrested in the Bahamas.
Tom Brady and Larry David are listed in a class-action lawsuit as defendants in a public promotion of FTX.
The nature of risk in venture capital was noted by O'Leary in the interview.
If we could have avoided it, we wouldn't be in this mess. Eight out of ten venture investors don't do their due diligence.
The shareholder who assumed the risk should accept the loss, according to O'Leary.
He said that the shareholders should not get anything back. We lost our money and we understand it. I don't want anything back there until people get their money back.
The "Shark Tank" television host defended himself against comments from the CEO of a company who called him a liar.
The man called me a liar. It's possible that I lied to the US Senate for two hours this week. I can assure you that isn't the case.
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