No Cryptocurrency Super Bowl Ads Have Been Purchased This Year

[erek]

Hmm

"“There’s zero representation in that category on the day at all,” he said.

Evans said most Super Bowl ads sold much earlier than usual, with more than 90% of its Super Bowl ad inventory gone by the end of the summer, as established advertisers jockeyed for prime positions. But the remaining spots sold slower. Partly that was due to the implosion of the crypto space, as well as general advertiser concerns about the global economy, Evans said.

Last year, NBC sold out of its ad space briskly and said an undisclosed number of 30-second spots went for $7 million, a jump from the $6.5 million that 2021’s ads went for."

Source: https://apnews.com/article/kansas-c...rts-fox-corp-5d9922047c7fb640ddbf8caf5100ece2

 

[1_rick]

implosion of the crypto space

Did someone say "implosion of the crypto space"?

https://twitter.com/unusual_whales/status/1622339655013392384

edit: oh, no Twitter preview? Ok then.

 

[DukenukemX]

Did someone say "implosion of the crypto space"?

https://twitter.com/unusual_whales/status/1622339655013392384

edit: oh, no Twitter preview? Ok then.

View attachment 547271

You mean this list? Yes it is a lovely list.

 

[1_rick]

You mean this list? Yes it is a lovely list.

I thought the idea of them asking for their donations back was pretty funny.

 

[erek]

Did someone say "implosion of the crypto space"?

https://twitter.com/unusual_whales/status/1622339655013392384

edit: oh, no Twitter preview? Ok then.

View attachment 547271

Wouldn’t this severely negatively impact the crypto lobbying efforts in Washington ? Is it all undermined and compromised now? I see there’s no crypto ads in the Super Bowl

 

[sfsuphysics]

Did someone say "implosion of the crypto space"?

https://twitter.com/unusual_whales/status/1622339655013392384

edit: oh, no Twitter preview? Ok then.

View attachment 547271

FYI, if there wasn't a list until now, it's because no one decided to make said list donations to politicians AFAIK aren't anonymous, so anyone could have seen which politicians or political groups (PACs, SuperPACs) received donations. I do find it funny that after giving donations, they're now asking for it back, I mean they really don't have any clue how money works do they?

 

[1_rick]

Wouldn’t this severely negatively impact the crypto lobbying efforts in Washington ?

It's certainly not going to make anyone who got a donation feel good about crypto.

I expect $0 to be returned.

 

[1_rick]

I do find it funny that after giving donations, they're now asking for it back, I mean they really don't have any clue how money works do they?

Either the guy in charge of FTX was some kind of super genius with a beyond-impressive grasp of how to manipulate people, or he's a complete idiot. I'm not sure which.

 

[LukeTbk]

FYI, if there wasn't a list until now, it's because no one decided to make said list donations to politicians AFAIK aren't anonymous, so anyone could have seen which politicians or political groups (PACs, SuperPACs) received donations. I do find it funny that after giving donations, they're now asking for it back, I mean they really don't have any clue how money works do they?

It is not uncommon for victim of frauds to get donated money by the thief back:
https://www.bloomberg.com/news/arti...-of-political-donations-at-risk?sref=h5EZFUoq

Warning them has soon as possible that they may have to give it back is the thing to do.

For an example Tom Petters Ponzi scheme:
https://nonprofitlawblog.com/should...dulent-transfer-laws-the-nonprofit-quarterly/
https://www.mprnews.org/story/2017/04/25/petters-fraud-legislation-new-ripples-mn
Kelley said he has recouped millions of dollars from similarly situated charities, religious orders and colleges.

 

[erek]

It's certainly not going to make anyone who got a donation feel good about crypto.

I expect $0 to be returned.

were they compensated with wire transfers of USD or in crypto?

wonder if FTX Holdings, Ltd can issue Chargebacks to claw it all in return

 

[sfsuphysics]

It is not uncommon for victim of frauds to get donated money by the thief back:
https://www.bloomberg.com/news/arti...-of-political-donations-at-risk?sref=h5EZFUoq

Warning them has soon as possible that they may have to give it back is the thing to do.

I get that, although usually it's not the one who committed the fraud doing it is it? (at least from the above Twitter comment seemed to imply).

 

[xDiVolatilX]

 

[DanNeely]

I get that, although usually it's not the one who committed the fraud doing it is it? (at least from the above Twitter comment seemed to imply).

Depending on how you look at it, it isn't in this case either. Solvent FTX run by SBF made the donations, bankrupt FTX now run by a liquidator is asking for the money back.

It might just be bluster though, unless they can do it in small claims court or also get attorney fees paid by the politicians $60k isn't enough money to be a net profit if they sue and win.

Edit: The above was made based on the values shown in the graph linked near the top of the thread. If they gave a few people millions as stated in the bloomberg article, sueing to get that money back might not cost more than it could earn.

 

[LukeTbk]

I get that, although usually it's not the one who committed the fraud doing it is it? (at least from the above Twitter comment seemed to imply).

It often end up being the victime team - government doing it I would imagine, but if the fraudster could ask and reimburse the victim that would be quite nice.

Someone commit some fraud to steal people money
That fraudster use that money to make donation

) If the donation itself has anything fraudulous about it (the receiver knowing the source of the money is illegal, or some scheme to move money around) no limit for the frauds victim lawyer teams and governement to get it back, if the charity receiver have any asset they can be sold to make the victims hole again.
) If there zero fraud in the charity payment there is more limit (how long ago, what force can be used on the charity that received it to force them to reimburse and so on)

But asking for the money back would be a strict minimum I can imagine.