Celebrities Are Officially Being Sued by FTX Retail Investors

, and 11 of the exchange's many celebrity ambassadors of preying on "unsophisticated" retail investors.impressive — honestly, it reads more like an invite list to a posh award show than a lawsuit.and soon-to-be-ex-wife Gisele Bündchen lead the pack, followed by basketball players Steph Curry and Udonis Haslem, as well as the Golden State Warriors franchise; tennis star Naomi Osaka; baseballers Shoehi Ohtani, Udonis Haslem, and David Ortiz; and quarterback Trevor Laurence.

"The Deceptive and failed FTX Platform," reads the suit," "was based upon false representations and deceptive conduct." "Many incriminating FTX emails and texts... evidence how FTX’s fraudulent scheme was designed to take advantage of unsophisticated investors from across the country," it continues. "As a result, American consumers collectively sustained over $11 billion dollars in damages."

Indeed, a number of FTX promos embraced an attitude similar to the cursed Larry David commercial. In one,

And this is why you shouldn't trust what a celebrity says just because they are a celebrity. Being a movie star doesn't make you an expert on anything but pretending to be other people. Being a football player doesn't make you an expert in anything other than football.

Imagine Larry David taking the stand FTX curb

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