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~ Shmalpha ~
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Interesting coverage of the celebrity endorsement of crypto assets and currencies.
From Flloyd Mayweather touting various pump and dump schemes, to Kim Kardashian fined for touting securities, to Eva Longoria, Reese Witherspoon et al exploiting vulnerable women touting Women of the World NFTs as "financial freedom for women".
Never once pointing out that these are risky speculative investments. Never once warning people about scams that aren't even real crypto investments.
What happens when Jimmy Fallon gets in front of his older audience and pumps up NFTs that the average person cannot afford? The people go looking for other small, affordable projects which are often outright scams. Things that are not nor ever plan to be around for any amount of time.
Who holds these people accountable?
This podcast covers these topics, the celebs with their snouts in the trough, the laws, and what the Truth in Advertising organisation is trying to do about it:
From Flloyd Mayweather touting various pump and dump schemes, to Kim Kardashian fined for touting securities, to Eva Longoria, Reese Witherspoon et al exploiting vulnerable women touting Women of the World NFTs as "financial freedom for women".
Never once pointing out that these are risky speculative investments. Never once warning people about scams that aren't even real crypto investments.
What happens when Jimmy Fallon gets in front of his older audience and pumps up NFTs that the average person cannot afford? The people go looking for other small, affordable projects which are often outright scams. Things that are not nor ever plan to be around for any amount of time.
Who holds these people accountable?
This podcast covers these topics, the celebs with their snouts in the trough, the laws, and what the Truth in Advertising organisation is trying to do about it: