What a clown.
Kevin O'Leary desperately advocating for regulation because his business partner decided to defraud investors and his customers. The DoJ charges against SBF would suggest that no new regulations are needed, because SBF allegedly broke the law. It means there were existing regulations/law in place that weren't adhered to, so why would new regulations/laws make any sense? I don't understand why he's making the case that it's Binance that was predatory in their own business practices to take FTX out if FTX couldn't responsibly keep FTX trading and FTX the exchange separate entities. It wasn't Binance that told FTX to not maintain a 1:1 peg of user funds and assets, it would be SBF who broke that commitment.
He's upset that Binance was a competitor of FTX. Apparently the capitalist is afraid of capitalism.