Tom Brady, Larry David Dodge FTX Legal Bullet—Mostly
Celebrity endorsers escape the worst of FTX fallout—proving once again that in crypto, the house always wins (but the ’useful idiots’ usually walk).
Another day, another crypto scandal where the little guys get rekt while the big names skip away scot-free. The SEC’s latest settlement with FTX promoters reads like a VIP exit strategy—just add nondisclosure agreements and stir.
Meanwhile, retail investors left holding the bag can take solace in one universal truth: When the SEC comes knocking, they’ll always settle for a slap on the wrist if you’ve got enough zeros in your bank account.