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Topiclarry david and others sued in a class action lawsuit over FTX crypto promotion
rjsilverthorn
11/19/22 12:24:49 AM
#26:


BlackScythe0 posted...
But you're comparing legitimate product from a well known company producing a well known line of product no reasonable person would find suspicious to some unknown ass holes making an illegitimate product in a line of products known almost exclusively for being scams.
Except he wasn't an unknown asshole, he was on Forbes billionaires under 30 list and Fortune was calling him the next Warren Buffett. This wasn't some random guy shilling crypto on Instagram, he raised hundreds of millions of dollars in funding from companies like Softbank and Sequoia Capital, companies that were certainly better qualified to judge what was going on than random actors in a commercial.

This was essentially another Theranos/Elizabeth Holmes deal where companies who really should have known better threw money at a someone without doing a shread of due diligence which gave the whole thing an air of legitimacy.
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