"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."