Comedian Larry David looks back on the FTX Super Bowl commercial and says, ‘I did it like a fool.’
Comedian Larry David isn’t too happy about his decision to appear in a Super Bowl commercial for bankrupt cryptocurrency exchange FTX.
“I asked my friends who were knowledgeable in this field if I should do this ad. Is there something wrong with me doing this?” said David. Associated Press Jan. 30 during the premiere of the final season of “Curb Your Enthusiasm,” in which he stars. David is also known for his work on the show Seinfeld.
He said it was okay for his friends to do it, and added, “It’s getting absolutely better.”
“That’s why I did such a stupid thing.” David said.
that much advertisement, which aired in 2022, shows David rejecting inventions from the past in history, such as the wheel and the light bulb. After the commercial ends, he rejects FTX.
“Hmm, I don’t think so. And I’m never wrong about this,” David said in the ad.
About a year later, Sam Bankman-Fried, former CEO of FTX. discovery feeling guilty He is awaiting sentencing on charges of defrauding customers, lenders and investors. The exchange itself later filed for bankruptcy, but no action was taken. plan Start backup.
class action lawsuit
Celebrities who promoted exchanges include David, Tom Brady, and Steph Curry. be sued November 2022.
The lawsuit alleges that celebrities “actively participated” in “offering and selling unregistered securities in the form of yield accounts.”
“Yes, I am participating in the class action lawsuit,” David told The Associated Press. “I want to participate because I lost a lot of money because part of my salary was in cryptocurrency.”
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