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CEO of StartupX | DeFi, NFT, Crypto, Web3.0 Builder | Co-Founder at IxSA | Director of Startup Weekend Singapore | Sustainability Champion
DurwinBurger King gave candy to a worker has worked for more than 20 years.
The Whopper, which was first introduced in 1957, was a quarter-pound, oversized burger on a vast five-inch bun that cost a reasonable 29 cents.Large corporations can be cruel and uncaring. They often claim to care about their employees, but sometimes the reality can be quite different. This is the story of Kevin Ford, a cook and cashier at Burger King who had worked tirelessly for over two decades. To celebrate his remarkable feat of never taking a sick day, Burger King decided to shower him ...
DurwinSomeone crashed the entire Onion market in America, made millions, walked away scott-free and starte…
We learnt that perfect monopoly can cause catastrophic damage to any economy, even the onion market.A tiny man who rocked America with Onions History doesn’t repeat, but it rhymes. You want to learn something, anything? Look back in history and it will surprise you just how eerily relevant it can be even in modern times. With the advent of Bitcoin, Cryptocurrencies, Tech titans and startups, you get all sorts of happenings like Tulip Mania, recessions, Feds stepping in, market manipulations a...
DurwinThe youngest self-made billionaire just bought Forbes.
Austin Russell is an American entrepreneur, founder and CEO of Luminar Technologies. Luminar specializes in lidar and machine perception technologies, mainly used in autonomous cars. Luminar went public in December 2020, making him the world’s youngest self-made billionaire at the age of 25.Wha’s up with billionaires and news media? In a stunning turn of events, Austin Russell, the youngest self-made billionaire of 2021, has made headlines once again by acquiring a majority stake in Forbes ma...
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CEO of StartupX | DeFi, NFT, Crypto, Web3.0 Builder | Co-Founder at IxSA | Director of Startup Weekend Singapore | Sustainability Champion
Frankly, I don’t really know who Larry David is.
He did “Curb Your Enthusiasm” and apparently was big in Seinfeld too.
But I have seen him in the FTX ads during the Superbowl.
It was weird but he stood out as he was one of the more senior celebrities endorsing FTX during the crypto boom.
Have you seen the ad?
Larry David finds himself embroiled in a legal quagmire over his role in a Super Bowl ad for the now-defunct cryptocurrency exchange, FTX.
David, known for portraying a version of himself that often lands in hot water due to questionable decisions, unwittingly mirrored his TV persona in real life.
David’s involvement in the FTX ad, which aired during the 2022 Super Bowl, has become more than just a regrettable PR move.
It has snowballed into a legal nightmare, with a class-action lawsuit accusing him,
FTX founder Sam Bankman-Fried, NFL star Tom Brady, and supermodel Gisele Bundchen of deceiving investors.
This lawsuit comes in the wake of FTX’s spectacular collapse, leaving many investors in financial ruin.
The ad in question, which now carries a weight of irony, featured David humorously dismissing revolutionary inventions throughout history, only to skeptically approach FTX as “a safe and easy way to get into crypto.”
Honestly, looking back, it was quite poetic.
His skepticism seems prophetically apt, given FTX’s subsequent implosion and the legal trouble it has stirred for David and other celebrity endorsers.
When asked in an interview, David, in his usual self-deprecating style, admitted to his lack of understanding of what he was promoting.
He recounted asking friends for advice about the legitimacy of FTX before agreeing to the ad.
Despite assurances, he now faces the consequences of his involvement.
The legal implications for David and other celebrities are significant.
They are accused of contributing to the financial losses of investors who trusted the exchange due to its association with high-profile figures.
David, who was partially compensated in cryptocurrency for the ad, has expressed interest in joining the lawsuit, citing his personal financial losses.
I’m sure he will recover from it.
What I find interesting is that he was willing to admit his mistake and was not shy about the misjudgment.
Most people, especially seniors, are generally quite stubborn and fixed on their ways.
For him to be called out in his face numerous times and be open about it, speaks volumes.
He even called himself “an idiot” quite candidly.
David doesn’t strike me as a dumb fool.
I don’t he would do the FTX deal if he knew how shady and shitty it really was.
FTX and SBF duped a lot of smart people and went to extreme lengths to do so.
I just want to know how much celebrities like him actually made for doing ads like that.
-
Do you believe in celebrity endorsements?
-
#LarryDavid #FTX #SuperBowlAd #CelebrityEndorsement #Cryptocurrency #LegalTrouble #CurbYourEnthusiasm #Regret #InvestorLosses #CryptoCollapse #DueDiligence #FinancialRisks #EndorsementResponsibility #CelebrityImpact #InvestorTrust #LegalConsequences #CryptoWorld #FinancialIrony #CelebrityInvolvement #ComedicReality #FTXFallout #LegalQuagmire
Frankly, I don’t really know who Larry David is.
He did “Curb Your Enthusiasm” and apparently was big in Seinfeld too.
But I have seen him in the FTX ads during the Superbowl.
It was weird but he stood out as he was one of the more senior celebrities endorsing FTX during the crypto boom.
Have you seen the ad?
Larry David finds himself embroiled in a legal quagmire over his role in a Super Bowl ad for the now-defunct cryptocurrency exchange, FTX.
David, known for portraying a version of himself that often lands in hot water due to questionable decisions, unwittingly mirrored his TV persona in real life.
David’s involvement in the FTX ad, which aired during the 2022 Super Bowl, has become more than just a regrettable PR move.
It has snowballed into a legal nightmare, with a class-action lawsuit accusing him,
FTX founder Sam Bankman-Fried, NFL star Tom Brady, and supermodel Gisele Bundchen of deceiving investors.
This lawsuit comes in the wake of FTX’s spectacular collapse, leaving many investors in financial ruin.
The ad in question, which now carries a weight of irony, featured David humorously dismissing revolutionary inventions throughout history, only to skeptically approach FTX as “a safe and easy way to get into crypto.”
Honestly, looking back, it was quite poetic.
His skepticism seems prophetically apt, given FTX’s subsequent implosion and the legal trouble it has stirred for David and other celebrity endorsers.
When asked in an interview, David, in his usual self-deprecating style, admitted to his lack of understanding of what he was promoting.
He recounted asking friends for advice about the legitimacy of FTX before agreeing to the ad.
Despite assurances, he now faces the consequences of his involvement.
The legal implications for David and other celebrities are significant.
They are accused of contributing to the financial losses of investors who trusted the exchange due to its association with high-profile figures.
David, who was partially compensated in cryptocurrency for the ad, has expressed interest in joining the lawsuit, citing his personal financial losses.
I’m sure he will recover from it.
What I find interesting is that he was willing to admit his mistake and was not shy about the misjudgment.
Most people, especially seniors, are generally quite stubborn and fixed on their ways.
For him to be called out in his face numerous times and be open about it, speaks volumes.
He even called himself “an idiot” quite candidly.
David doesn’t strike me as a dumb fool.
I don’t he would do the FTX deal if he knew how shady and shitty it really was.
FTX and SBF duped a lot of smart people and went to extreme lengths to do so.
I just want to know how much celebrities like him actually made for doing ads like that.
-
Do you believe in celebrity endorsements?
-
#LarryDavid #FTX #SuperBowlAd #CelebrityEndorsement #Cryptocurrency #LegalTrouble #CurbYourEnthusiasm #Regret #InvestorLosses #CryptoCollapse #DueDiligence #FinancialRisks #EndorsementResponsibility #CelebrityImpact #InvestorTrust #LegalConsequences #CryptoWorld #FinancialIrony #CelebrityInvolvement #ComedicReality #FTXFallout #LegalQuagmire
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