Larry David is not famous for being a financial advisor. He’s a comedian.
Surely there is an established body of case law covering actors who do work-for-hire in TV commercials 
I think the main difference here is that a court might say FTX and some of its products were securities, which would require more disclosure than say Sean Connery doing work-for-hire to sell Jaguars on TV. The heightened duty that would attach is because the celebrity was hawking an investment versus a simple good or service, to make someone more liable when the product they’re pitching could cost significant financial harm to investors, especially thru fraud or misleading claims, as was the case here. I think the law goes even further and says the promoter need have no specific knowledge of fraud to be held liable, but I’m not sure about that.
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Ok, so apparently no money is even changing hands here. Per the terms of the bail deal his parents and a couple other mysterious co-signers will be on the hook for $250M if he doesn’t show up, but otherwise nobody is paying anything, even temporarily.
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alive alive oh
alive alive ohh
singing crypto and wallets
alive alive ohhh
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FTX CTO and Alameda Research CEO admit fraud, pair ‘cooperating’ with Feds
Two members of Samuel Bankman-Fried’s inner circle have pleaded guilty to defrauding equity investors in the moribund FTX cryptocurrency trading platform.
Yesterday the US Securities and Exchange Commission announced that it was charging Gary Wang, former CTO and co-founder of FTX, and Caroline Ellison, former CEO of sister company Alameda Research, with fraud.
This was followed by a statement from US Attorney for the Southern District of New York Damian Williams that said Ellison and Wang had admitted to their roles in the frauds that contributed to the collapse of FTX. He added that they are “both cooperating” with the investigation.
[…]
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noticed this bit in a new yorker piece
And it was, until some kid was admiring the polar bear and decided to jump the railing to get a closer look. I was in the middle of giving a tour when I heard screams coming from the kid’s parents and raced over there. The boy was on the ground in a state of shock, as the polar bear hovered over him, about to attack. As luck would have it, a few months prior I’d attended a lecture at the New School by one of the world’s foremost Ursus authorities, Dr. Meyer Dusenberry, who explained that if we were ever face to face with a bear we should create a cacophony. Without a second to lose, I grabbed the lid of a hot-dog pot from a nearby Sabrett’s cart, leaped over the fence, and frantically rattled the lid against the bars until the bear retreated. Then I slung the kid over my shoulder in a fireman’s carry (learned from my years as a volunteer with the F.D.N.Y.) and returned the youngster to his grateful parents. They offered me a huge reward, but I declined, saying that my reward was seeing their happy faces. No amount of money in the world could top that!
I kept in touch with the boy throughout his youth, and, after his parents lost all their money in a Ponzi scheme, I put him through college and medical school. Today, he’s on the verge of a monumental cancer-research breakthrough and is slated to appear on an upcoming cover of Time . I told him I preferred to remain anonymous in the article. (You don’t have to include this in the book, but, if you want to, I guess there’s nothing I can do about it.)
Was this piece written before or after a certain ponzi scheme collapsed?
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… is it though 
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Yesterday’s Tournament of Roses parade included a float made of NFTs. Pretty dumb, but I guess it was a success in that it neither burst into flames or dissolved away into nothing in the rain.
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Narrator: Those of us in the industry knew it wasn’t.
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I find it amusing that “a float made of NFTs” isn’t actually made of NFTs in almost exactly the same way that “an NFT of a Bored Ape” isn’t actually a picture of a Bored Ape.
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Core Scientific is bankrupt too, and the downside is that they want to cushion their own fall by renting the mining rigs out to some other crypto outfit. (Presumably a non-bankrupt one.)
Hm. If mining is that great, why don’t they just run the miners themselves?
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Why does the processing power have to be rented out for solely that purpose? Aren’t there other, actually useful uses for it?
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