November 27, 2023

Image Credit: CNN

Larry David's FTX Super Bowl Ad: A Regretful Twist?

February 2,  2024

By: Pooja

FTX collapses just months after the commercial, and founder Sam Bankman-Fried faces fraud conviction in November.

FTX's Collapse

Image Credit:  CoinGape

David admits regret, calling himself "an idiot" for participating in the FTX ad, with part of his payment in now-defunct FTX cryptocurrency.

Regrettable Decision

Image Credit: CoinGape

Class Action Lawsuits

David, along with other celebrities, faces class action lawsuits for allegedly not performing due diligence before promoting FTX.

Image Credit:  Pinterest

Misleading Ad Content

The commercial features David dismissing major innovations throughout history, concluding with him incorrectly rejecting cryptocurrency.

Image Credit:  The Indepenent

FTX's Bankruptcy

FTX, associated with several public figures, filed for bankruptcy in November, contributing to the downfall of major crypto firms.

Image Credit: Inc42

Absence of Crypto Ads

Image Credits: Pinterest

After the FTX and other crypto firms' downfalls, crypto ads are notably absent from the 2023 Super Bowl.