BlockNews
FOLLOW ON X
  • CRYPTO
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • TECHNOLOGY
  • OPINION
No Result
View All Result
BlockNews
  • CRYPTO
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • TECHNOLOGY
  • OPINION
No Result
View All Result
BlockNews
Home CRYPTO

Kevin O’Leary Predicts the Demise of the ‘Crypto Cowboys’

by BlockNews Team
October 3, 2023
in CRYPTO, FEATURED, MEDIA, SOCIAL
Reading Time: 2 mins read
A A
2
SHARES
28
VIEWS
Share on XShare in TelegramShare on Reddit

Kevin O’Leary, a prominent Canadian entrepreneur and television personality, formerly associated with the now-defunct FTX exchange as a paid spokesperson, believes that the era of what he terms “crypto cowboys” is diminishing as the cryptocurrency industry transitions towards regulation. During an interview on CoinDesk TV, O’Leary noted that the original founders of the industry, these “crypto cowboys,” will likely fade away due to increased regulatory scrutiny, metaphorically describing them as having “arrows in their backs.” He named CZ from Binance and Coinbase’s CEO, Brian Armstrong. 

Despite this outlook, O’Leary maintains a positive stance on cryptocurrencies. However, he is reluctant to engage with any exchange unless it adheres entirely to regulatory standards.

🚨 BREAKING: Former FTX spokesman Kevin O’Leary stated that all "crypto cowboys" will soon be gone.

He specifically mentioned CZ, SBF, Binance, and Coinbase, stating they all have "arrows in their backs" via a Coindesk interview.

Is this FUD, or is it time for a new… pic.twitter.com/tVKXB7b7IE

— BlockNews.com (@blocknewsdotcom) October 3, 2023
Via @blocknewsdotcom – X


While O’Leary is often seen as a meme in the crypto space, his observations about the changing landscape are not unfounded. The ongoing regulatory pressures affecting figures like CZ and Coinbase could indeed reshape the crypto industry significantly, potentially necessitating a reset as stricter regulations and increased government oversight are enforced.

It’s worth noting that all the “crypto cowboys” he mentions share the fact that they are doxxed. The real catalysts for change might be the projects that steadfastly uphold decentralization and individuals who remain anonymous. If regulation becomes cumbersome, it’s conceivable that current crypto enthusiasts will continue to gravitate toward these entities. Conversely, if regulations become deeply ingrained in new users who join the space without comprehensive knowledge, this paradigm might become a relic of the past.

Tags: Crypto CowboysFTXKevin O'Leary
Tweet1ShareShare
Previous Post

FTX Hacker Moves Over $38 Million in ETH Few Days to Beginning of SBF’s Trial

Next Post

Jury Selection Commences for FTX Founder Sam Bankman-Fried’s Trial

DON'T MISS THESE! HOT OFF THE PRESS

Anime 2.0 Revealed: Studio Azuki and the New Wave of Anime Storytelling
CRYPTO

Anime 2.0 Revealed: Studio Azuki and the New Wave of Anime Storytelling

July 1, 2025
Pi Coin in July 2025: Rebound Brewing or Another Breakdown?
CRYPTO

Pi Coin in July 2025: Rebound Brewing or Another Breakdown?

July 1, 2025
VeChain Struggles to Regain Steam After December Peak
CRYPTO

VeChain Struggles to Regain Steam After December Peak

July 1, 2025
Shiba Inu’s Golden Cross Sparks $110M Whale Surge as Pippen Joins the Party
CRYPTO

Shiba Inu’s Golden Cross Sparks $110M Whale Surge as Pippen Joins the Party

July 1, 2025
Toncoin and Telegram: The Sleeping Giant of 2025?
BITCOIN

Toncoin and Telegram: The Sleeping Giant of 2025?

July 1, 2025
Crypto Supply Shock: Bitwise Predicts Bullish Runs for BTC, But Shows Doubt With ETH and SOL
BITCOIN

Crypto Supply Shock: Bitwise Predicts Bullish Runs for BTC, But Shows Doubt With ETH and SOL

July 1, 2025
Load More

Related News

Anime 2.0 Revealed: Studio Azuki and the New Wave of Anime Storytelling

Anime 2.0 Revealed: Studio Azuki and the New Wave of Anime Storytelling

July 1, 2025
Pi Coin in July 2025: Rebound Brewing or Another Breakdown?

Pi Coin in July 2025: Rebound Brewing or Another Breakdown?

July 1, 2025
VeChain Struggles to Regain Steam After December Peak

VeChain Struggles to Regain Steam After December Peak

July 1, 2025
Shiba Inu’s Golden Cross Sparks $110M Whale Surge as Pippen Joins the Party

Shiba Inu’s Golden Cross Sparks $110M Whale Surge as Pippen Joins the Party

July 1, 2025
Toncoin and Telegram: The Sleeping Giant of 2025?

Toncoin and Telegram: The Sleeping Giant of 2025?

July 1, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews

BlockNews.com is your premier source for real-time cryptocurrency, blockchain, and financial market news.

Our mission is to deliver accurate, timely, and insightful information to help both seasoned investors and newcomers navigate the evolving digital economy.

With in-depth analysis, exclusive insights, and up-to-date news, BlockNews.com keeps you informed on the latest trends in crypto, DeFi, NFTs, tech, and beyond.

Stay ahead of the herd with BlockNews.com

RESOURCES

  • About
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

POPULAR TOPICS

$ADA $XRP AI Avalanche Binance Bitcoin Bitcoin ETF blackrock Blockchain BTC Business Cardano Chainlink China Coinbase Coinglass crypto cryptocurrency Crypto Exchange Crypto Regulation DeFi Dogecoin Donald Trump Elon Musk ETF eth ethereum Federal Reserve FTX grayscale Memecoin metaverse Microstrategy NFT NFTs PEPE ripple sec Shiba Inu Solana Stablecoin Technology US Web3 xrp

GET QUICKER UPDATES ON X

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.

No Result
View All Result
  • HOME
  • CRYPTO
  • MEMECOINS
  • TECHNOLOGY
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.