64 min listen
33: Who'll Stop Celebrities From Unlawfully Shilling Shady Crypto & NFTs to Their Fans? (w/ Bonnie Patten)
FromScam Economy
33: Who'll Stop Celebrities From Unlawfully Shilling Shady Crypto & NFTs to Their Fans? (w/ Bonnie Patten)
FromScam Economy
ratings:
Length:
56 minutes
Released:
Oct 7, 2022
Format:
Podcast episode
Description
Bonnie Patten, executive director of Truth In Advertising (TINA), joins Scam Economy with Matt Binder to discuss the scourge of celebrity crypto and NFT endorsements. We discuss Kim Kardashian getting fined $1.26 million by the SEC for pushing a pump-and-dump token by EthereumMax, the celebrities hawking NFTs without disclosing that they were paid for their endorsement, TINA's recent work sending notices to those celebs, what Justin Bieber's team and Reese Witherspoon's team had to say to TINA regarding promoting NFTs, Jimmy Fallon's obsession with NFTs on the Tonight Show, what government agencies are going to step up and do something about it, why the FTC hasn't taken action, the CAA's role, Anthony Anderson's Candyverse NFT project, and why celeb endorsements of crypto and NFTs are so harmful to their fans.
Check out Truth In Advertising's work on celebs promoting NFTs: https://truthinadvertising.org/industries/celebrities-promoting-nfts/
Visit http://www.ScamEconomy.com
Support the show: http://www.patreon.com/mattbinder
Check out Truth In Advertising's work on celebs promoting NFTs: https://truthinadvertising.org/industries/celebrities-promoting-nfts/
Visit http://www.ScamEconomy.com
Support the show: http://www.patreon.com/mattbinder
Released:
Oct 7, 2022
Format:
Podcast episode
Titles in the series (65)
6: Web3 Sucks (w/ Molly White): Molly White, software engineer, Wikipedia editor, and the creator of the website "Web3 is going just great," joins host Matt Binder on Scam Economy to discuss...well...Web3! Molly breaks down what Web3 is, all the scams and grifts her website covers daily, what Web3 advocates want, how Wikipedia perfectly proves Web3 wrong, the commonalities found between conspiracy theorists like QAnon believers and Web3 supporters, and much more! Check out Molly's awesome website Web3 is going great: https://web3isgoinggreat.com . Visit: http://www.scameconomy.com . Support the show: http://www.patreon.com/mattbinder by Scam Economy