The co-founder of Dogecoin (CRYPTO: DOGE), Billy Markus, responded with a satirical reaction two days after "Shark Tank" star Kevin O'Leary said he wouldn't invest in bank stocks in response to Silicon Valley Bank's bankruptcy.
What took place: Markus, also known as "Shibetoshi Nakamoto," reacted to a tweet from the Twitter account "strange whales" that claimed O'Leary had declared he would "never purchase a bank shares again as Biden has effectively nationalized the sector" following Silicon Valley Bank.
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Kevin O'Leary still believes that FTX is a smart investment, Markus retorted.
counterpoint: kevin o’leary still thinks FTX is a good investment
— Shibetoshi Nakamoto (@BillyM2k) March 14, 2023
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.