Celebrity Endorsers Tom Brady, Giselle Bündchen, Larry David, and Steph Curry Sued in FTX Class Action Suit

Dominic Patten, reporting for Deadline:

“I’m never wrong about this stuff, never,” said a dismissive and scoffing Larry David earlier this year in that now infamous Super Bowl ad for investing in cryptocurrency exchange FTX. While the Seinfeld co-creator rejected the wheel, coffee, the U.S. Constitution, electricity, putting a man on the moon and more innovations in the much praised commercial, looks like David might have been right about the now collapsed FTX, for all the good it’s going to do him.

Along with the likes of Tom Brady, Gisele Bundchen, Stephen Curry and the Golden State Warriors, Shaquille O’Neal, and Naomi Osaka, David is now a defendant in a class action suit against the now hollowed out FTX and its ex-CEO Sam Bankman-Fried.

I don’t know whether they deserve to be sued, but they ought to be ashamed of themselves for promoting a Ponzi scheme.

★ Friday, 25 November 2022