In an ad for the crypto exchange FTX featuring Stephen Curry earlier this year, a narrator repeatedly portrays the NBA star as a “crypto expert.” The legendary player denies this over and over, finally saying, “I’m not an expert, and I don’t need to be. With FTX I have everything I need to buy, sell, and trade crypto safely.”
“Safely” is now in question. This week FTX declared bankruptcy, its CEO Sam Bankman-Fried resigned, and many investors who trusted the platform are wondering if they’ll ever get their money back.
