Larry David predicted FTX's implosion | CNN Business

In a Super Bowl ad for the FTX crypto exchange in February, Larry David sarcastically predicted that FTX wasn’t going to make it. The ad shows David’s character throughout history, naysaying humanity’s greatest inventions, including the wheel, the lightbulb, coffee and democracy. At the end of the ad, David learns about FTX, “a safe and easy way to get into crypto.” A dismissive David says, “Ehhh, I don’t think so. And I’m never wrong about this stuff — never.

The full extent of FTX’s financial problems aren’t yet known, but multiple reports say the firm is facing an $8 billion shortfall. Without a quick infusion of equity, Bankman-Fried reportedly told investors Thursday, the firm was facing bankruptcy. Despite its reputation as a dependable, low-risk investment portal, FTX’s business appears to have been built on a complex, extremely risky kind of leveraged trading. Customers deposited their money to engage in crypto trading.

There's something about Twitter (and media companies) that attracts people who just don't get irony.

do you know what acting is, though

I loved that commercial. But you gotta admit that he got this one right.

“Not your keys, not your coins”

I thought that was Bernie Sanders. My bad. Sorry LOL.

Eh? Larry David was in FTX's employ and selling their product in a sarcastic way -- but he was selling their product. Should have been a dead giveaway that the Ponzi people needed a bigger cash inflow, causing them to fleece the Super Bowl audience. Bad sportsmanship

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