Larry David Regrets FTX Ad, Faces Lawsuit

The comedian acknowledges his mistake in endorsing the collapsed crypto exchange and reveals financial losses due to being paid in cryptocurrency.

Larry David expresses regret over participating in a 2022 Super Bowl ad for the now-collapsed crypto exchange FTX, calling himself an 'idiot' for doing so.
David, along with other celebrity endorsers of FTX, is targeted by a class action lawsuit accusing them of participating in a fraudulent scheme.
The comedian reveals part of his payment for the ad was in cryptocurrency, resulting in significant financial loss following FTX's bankruptcy.
FTX's bankruptcy advisors announce expectations to fully repay customers and general unsecured creditors with allowed claims.
Sam Bankman-Fried, FTX's founder, was found guilty of federal fraud and conspiracy charges and awaits sentencing in March.