LogFAQs > #969533439

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Topic	larry david and others sued in a class action lawsuit over FTX crypto promotion
BlackScythe0 11/19/22 12:27:51 AM #27:	rjsilverthorn posted... 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. Straight up I don't know the whole story behind this, I just know cryptos coming out today are all scams. My random ass hole is more of a Honda has been around since 1948, this guy might have scammed some rich people too that doesn't make him any less random in my book honestly. It's not the first time rich people have let a con man trick them. <cite>BlackScythe0 posted [p:969533439] in larry davi... [t:80236161]...</cite> <quote>rjsilverthorn posted... </cite><quote>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.</quote>Straight up I don't know the whole story behind this, I just know cryptos coming out today are all scams. My random ass hole is more of a Honda has been around since 1948, this guy might have scammed some rich people too that doesn't make him any less random in my book honestly. It's not the first time rich people have let a con man trick them. </quote> ... Copied to Clipboard!
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