8 months ago
At the premiere of “Curb Your Enthusiasm’s” last season, Larry David expressed remorse for his information successful a Super Bowl commercialized for FTX, reflecting connected the determination arsenic misguided aft the cryptocurrency exchange’s bankruptcy.
Larry David Admits Regret Over FTX Super Bowl Ad: ‘Like an Idiot, I Did It’
Larry David, the creator down “Seinfeld” and “Curb Your Enthusiasm,” has precocious expressed regret implicit his engagement successful a Super Bowl advertisement for the now-bankrupt cryptocurrency speech FTX. Speaking astatine the premiere of the last play of “Curb Your Enthusiasm,” David admitted that his determination to endorse FTX was misguided.
I asked people—friends of excavation who were good versed successful this stuff—’Should I bash this ad? Is determination thing incorrect with this, with maine doing this? Is this okay?’ And they said, ‘Yeah, this is wholly connected the up and up… Do it.’ So similar an idiot, I did it.
In the 2022 Super Bowl commercial, David humorously rejected groundbreaking inventions similar the instrumentality and the lightbulb, ending with a skeptical presumption of FTX. This ironic attack became arguable erstwhile FTX filed for bankruptcy successful November 2022 aft important discrepancies successful its accounting came to light.
Alongside different personage endorsers, including Tom Brady and Shaquille O’Neal, David recovered himself embroiled successful a people enactment lawsuit. The suit accuses them of complicity successful a “fraudulent scheme” with FTX laminitis Sam Bankman-Fried, aimed astatine deceiving unsophisticated investors.
“I’m successful a people enactment lawsuit, which I would emotion to beryllium portion of,” David told the Associated Press. “Because portion of my wage was successful crypto—so I mislaid a batch of money.” It’s reported successful a biography of Bankman-Fried by Michael Lewis that David was paid $10 cardinal for the ad, but the outgo method remains unconfirmed.
Legal proceedings against FTX continue, recently the Third Circuit Court of Appeals successful Philadelphia reversed a anterior decision, present requiring FTX to beryllium investigated by an autarkic examiner. As for FTX’s laminitis and erstwhile CEO, Bankman-Fried has been convicted of aggregate national fraud and conspiracy charges, with sentencing scheduled for March.
Do you deliberation Larry David is culpable of immoderate wrongdoing for partaking successful the FTX Super Bowl ad? Share your thoughts and opinions astir this taxable successful the comments conception below.
English (US) 