That FTX Super Bowl Ad? 'Like an Idiot, I Did It,' Larry David Says
Summary
Comedian Larry David participated in a Super Bowl commercial for FTX, a cryptocurrency exchange owned by Sam Bankman-Fried. In the ad, David portrayed characters dismissing various innovations, including the crypto exchange. Months after the commercial, FTX collapsed and Bankman-Fried was convicted of stealing billions from customers. During the collapse, FTX users were mostly unable to withdraw their funds, which were further frozen after a bankruptcy filing. It was recently revealed that the FTX bankruptcy estate expects to fully repay customers. David, who was paid partly in crypto for the ad, stated that he lost a lot of money due to the collapse.
