Celebrity crypto endorsements haven't turned out so well
Celebrities love cryptocurrency. Well, probably more accurately, celebrities are willing to endorse anything for the right deal.
Reese Witherspoon, Matt Damon, Gwyneth Paltrow, LeBron James and Paris Hilton. There's a long list of celebrities who've been busy spruiking crypto. But most of these endorsements haven’t turned out so well....
Crypto markets are down over the past year - Bitcoin -47%, Ether - 40%, and many crypto-related companies have collapsed - 3 Arrows Capital, Celsius, TerraUSD.
To paraphrase Warren Buffet, the tide has gone out, and now we get to see who is swimming naked. Today Alec and Sascha review the worst offenders and give us a review of the past few years of celebrity crypto projects.
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