4 ms·
Read some of the letters to the judge in the Celsius bankruptcy: https://twitter.com/molly0xFFF/status/1550160830762782724 https://twitter.com/molly0xFFF/statu
by stefan_ 4y ago
Read some of the letters to the judge in the Celsius bankruptcy:
https://twitter.com/molly0xFFF/status/1550160830762782724 https://twitter.com/molly0xFFF/status/1550160830762782724
I think when massive scams like FTX start airing Super Bowl ads, we all have a problem.
- pjc50 4y agoDoes America even have an Advertising Standards Agency? It seems like you can just air massive frauds to everyone and nobody notices.
- noasaservice 4y agoWell, kind of. The Federal Trade Commission (FTC) does handle fraudulent advertisements and the like.... If they even address your complaint, AND if the complaint comes in your favor, you are still guaranteed nothing. And the "punishments" are at the level of 'just doing business' for most cases. With FTX, its when rich people get hit is when the government gets involved. The rest of us can get stuffed.
- andirk 4y agoThe commercials said "fortune favors the _brave_" where brave almost literally means risky. Take note of every commercial you see and you'll notice that some huge % of them have dead bodies on their balance sheets, poisoned water, coups, criminal behavior. Like how the (unnamed?) main character of Fight Club's job as an insurance adjuster was to figure out if it was cheaper to do a recall or pay off the victims' families. All that said, yeah absolutely no one even glancing at FTX's books before letting them in the room is very 2008-ish.