2024

David

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 <p class="is-style-lead">Larry David, the American comedian, disclosed significant losses as part of his FTX Super Bowl commercial salary was in crypto.</p>
 <p>Portrayed as a <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> skeptic in the Super Bowl advertisement, Larry David now <a rel="noopener noreferrer nofollow" title="calls" href="https://thebittimes.com/tag/calls.html">calls</a> himself “an <a rel="noopener noreferrer nofollow" title="idiot" href="https://thebittimes.com/tag/idiot.html">idiot</a>” for dealing with the now-defunct FTX, whose founder, Sam Bankman-Fried, is facing serious legal troubles.</p>
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    <p lang="en" dir="ltr">Larry David reflects on his 2022 Super Bowl ad for a <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currency trading platform called FTX, amid an ongoing fraud case against Sam Bankman-Fried, the company's founder. David reunited with his "Curb Your Enthusiasm" cast members for the show's final season premiere. pic.twitter.com/8KReLNBb3y</p>— AP Entertainment (@APEntertainment) January 31, 2024
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 <p>In an interview with The Associated Press, David revealed that he had lost “a lot of money” after things went south for FTX and its disgraced founder Sam Bankman-Fried, who is now facing up to 100 years in prison for multiple charges. David also added he was seeking advice from his friends who were knowledgeable about <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> and who assured him it was legitimate.</p>
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  <p>“I asked people, friends of mine, who were well-versed in this stuff, ‘Should I do this? Is there anything wrong with me doing this? Is this okay? They said, yeah, this is totally on the up and up. It’s fine, do it. So, like an idiot, I did it.”</p> <cite>Larry David</cite>
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  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> FTX saga: what happened to FTX and Sam Bankman-Fried in 2023
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 <p>The American comedian featured in FTX’s 2022 Super Bowl commercial directed by Jeff Schaffer. The ad showcased David’s character criticizing historical inventions and ended with him discovering FTX as a “safe and easy way to get into crypto.”</p>
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 <p>Despite this, David remained skeptical in the ad, saying, “Eh, I don’t think so. And I’m never wrong about this stuff — never.”</p>
 <p>Post-FTX’s bankruptcy, David and other celebrities promoting the <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> exchange faced legal action for being labeled as a “brand ambassador” for FTX.</p>
 <p>Crypto exchange FTX collapsed in November 2022 following revelations of an $8 billion shortfall in the exchange’s accounts, culminating in its formal declaration of bankruptcy.</p>
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  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> Vitalik Buterin reflects on his meeting with Putin, depicts the FTX collapse
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/larry-david-admits-losing-a-lot-in-crypto-calls-himself-idiot-after-ftx-collapse-tbt78499.html">https://thebittimes.com/larry-david-admits-losing-a-lot-in-crypto-calls-himself-idiot-after-ftx-collapse-tbt78499.html</a></p>

Larry David admits losing ‘a lot’ in crypto, calls himself ‘idiot’ after FTX collapse

TheBitTimes

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