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Comment by breput | Hacker News Reader

https://www.youtube.com/watch?v=hCEUjBx_yXg has many of these celebrity ads, included in full, towards the middle of the video.

The Larry David and Steph Curry ads are pretty tame, IMHO, but the Tom Brady ads are over the top extreme and directly connect his persona and fame to push FTX. It is extremely easy to see how effective these ads would have been to induce FOMO and cause many average people to "get in", and I think if a jury sees these videos back to back, they will be very sympathetic to the plaintiffs.

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I have the hardest time imagining any sympathy for these promoters. They should be culpable. And I have zero pity for them having failed to discern whether it was right to stake their names or no. You shilled for this all on your own. You made this bed. No tears from you, please.

Lol on what grounds could they be held liable? Arguably, people who worked at FTX didn't all know SBF loaned out customer deposits. Even SBF himself claims to not have realized the extent of it. The truth of SBF's claims should be determined by an investigation, however I don't see cause to go after these celebrities. They were paid to make general statements by the company, they didn't sign financial statements.

If there is some indication they knew it was a scam, then sure go after them. But you can't just seize everyone's emails because you think there's a chance they were involved. You need probable cause.

I would love for Larry David to go about his defense fully in character: "Your Honor, I stand by my statements in the advertisement, and still don't recommend anyone to put their money in FTX. Furthermore, I still think stone wheels are a bad idea, prefer natural light, defecating outdoors and doing my dishes while in the shower. As for stupid people voting and their portable music players, I despise them with a burning passion".

Probably not solid legal advice even in a trivial case such as this, but would be so funny to watch.

LD can have an amazing ad next Super Bowl promoting another product saying he was technically correct in his crypto ad.

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