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"Shark Tank" star Kevin O'Leary defended his position as a spokesperson for bankrupt crypto firm FTX on CNBC's "Squawk Box" on Friday. The justice system provides the presumption of innocence unless proven otherwise," O'Leary responded when asked why he didn't more stridently condemn Bankman-Fried. The former FTX CEO was arrested by Bahamian authorities earlier this week, pending extradition and trial to face charges in U.S. federal court. "No," O'Leary said, stating that his bitcoin investing began years before his ambassadorship for FTX, in 2018. Disclosure: CNBC owns the exclusive off-network cable rights to "Shark Tank."
After closing a $44 billion transaction to take Twitter private, Tesla and SpaceX CEO Elon Musk — now the de facto CEO of Twitter — announced that he plans to form a "content moderation council" at the social networking company. He says he will not make any "major content decisions" or reinstate any accounts that were previously banned before the council convenes. Twitter rival Facebook has been roundly criticized for using a council approach to making content moderation decisions. Early in the Trump presidency, Musk served on a White House economic advisory board and a manufacturing jobs initiative council. The former president previously said he would not return to the platform, but that could change now that the company is run by Musk.
Alpha In The Family
  + stars: | 2022-10-12 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAlpha In The FamilyInvesting icon Stan Druckenmiller of Duquesne Family Office sits down with Joe Kernen to talk about today's investment environment.
Latinos are the engine of growth in the U.S., says Sol Trujillo
  + stars: | 2022-09-22 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLatinos are the engine of growth in the U.S., says Sol TrujilloSol Trujillo, Trujillo Group Investments chairman, sits down with CNBC's Joe Kernen at the L'Attitude Conference in San Diego to discuss the economic influence of Latinos in the U.S.
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